Helping business owners sell a life’s work | BenefitsPro

"Q. What is the best way to eat an elephant?

A. One bite at a time.

Business owners may ask this classic question slightly differently.

Q. What is the best way to sell my business?

A. When and how I want.

It is this desire for flexibility and control that makes Employee Stock Ownership Plans (ESOPs) a good succession strategy for many business owners.  In fact, most ESOPs own only a portion of the company for a variety of reasons:

The owner’s goal is diversification. 

The driving force behind an ESOP may be the owner’s desire to diversify his or her portfolio.  An ESOP can help owners create  liquidity from assets that had been tied up in the business. Owners   can use the proceeds to make alternate investments.  This strategy allows them to access some of the capital in their business while maintaining control."

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Helping business owners sell a life’s work | BenefitsPro:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.