Planning on passing your business on to your children? Maybe you want to sell it to your employees.
To accomplish either, find out how you can enjoy dramatic tax savings and cash advantages by utilizing the financial strategy called an Employee Stock Ownership Plan(ESOP). Here are some reasons why many ESOP sponsors said they employed this strategy:
- Get the value out of your business and still keep the company
- Buy out a partner and/or stockholder on a tax-deductible basis
- Sell all or part of your business to a management group without owing taxes on the transaction
- Acquire other companies on a tax-deductible basis
- Reduce the cost of a new or existing corporate loan
- Create working capital
- Get back corporate tax they paid over the last three years
- Selectively reward key employees and encourage their commitment to your bottom line
Sounds interesting to you?
For more information about Arizona ESOP Group or Employee Stock Ownership Plans, call us at (480)227-3064 or if you would like to be contacted, click for our contact form. |
