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007 | Utilizing Employee Stock Ownership Program (ESOP) to Maximum Benefit with Brad Ethridge
Manage episode 395636619 series 3550022
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Ever thought about how successful entrepreneurs prepare for selling or transitioning their businesses? Today, we're discussing the benefits of selling to an Employee Stock Ownership Plan (ESOP) with podcast host, Patrick Lonergan and seasoned business professional, Brad Ethridge.
Brad Ethridge is well known in the business landscape with a career spanning back to 1985. With experience in individual financial planning, leading international sales and marketing, and launching several successful businesses, including multiple Insurance Marketing Organizations (IMOs), Brad's entrepreneurial prowess is unparalleled. He is recognized for his expertise in Business Exit Strategies, particularly with a focus on ESOPs. Brad's dedication lies in structuring ESOPs aggressively in the best interest of the owner.
In this conversation, Patrick and Brad unravel the intricacies of Employee Stock Ownership Plans (ESOPs) and the art of crafting effective exit strategies for business owners.
Key takeaways:
- Strategic exit options
- Tax benefits of ESOPs
- Employee involvement and retention
Resources:
Submit questions to the podcast
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Credits:
Sponsored by Vital Wealth
Music by Cephas
Produced by BrightBell Creative
Research and copywriting by Victoria O'Brien
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