In the world of succession planning options, an Employee Stock Ownership Plan (ESOP) is an alternative to a third party sale that warrants consideration from privately held business owners. An ESOP provides a tool for a business owner to create an internal, tax advantaged buyer for privately held stock without the need for the disruption … Read more
When it comes to choosing a succession strategy, business owners have a lot to consider. An Employee Stock Ownership Plan (ESOP) is a tax-advantaged transaction alternative to a merger or acquisition. An ESOP is an interesting cultural solution from an ownership standpoint as it allows a selling shareholder to transition the business to a broad … Read more
As the owner of a business you field numerous interactions throughout the day whether it be emails or phone calls, sales people or reporters, all the while juggling your internal business. A new norm of these daily interactions within the manufacturing industry is that of a phone call from private equity firms seeking to meet … Read more
The Tax Cuts and Jobs Act (TCJA) has effectively lowered the cost of acquiring capital assets by making substantial changes to the rules for bonus depreciation deductions, Code Sec. 179 expensing deductions and regular depreciation deductions for property used in a business or other income-producing activity. Bonus Depreciation Before the TCJA taxpayers were allowed to … Read more
Named after a 19th Century utopian community, Modern Times Beer is repurposing the experiments of utopia – from the names of their craft brews to creating a less exploitative world for its employees; placing the brewery’s ownership in their hands. The San Diego based brewery is the latest craft brewery to become employee-owned, and the … Read more
How Effective Process Documentation Protects Your Organization’s Most Important, Yet Underappreciated Asset – Institutional Knowledge
