When we talk to business owners and advisors we find Employee Stock Ownership Programs are often misunderstood. So what are they? Peter Viliesis and I have known Dan Zugell for near 20 years and during that time he has become an ESOP expert. Although would be the last person to make that claim, in this short conversation it becomes clear that if you want to better understand ESOPs, Dan is an excellent resource.
- What is an ESOP?
- How does it benefit the selling shareholder?
- How does it benefit the employee?
- What are the risks?
Dan answers these questions and more. Let us know what you think!