What is an ESOP?

You've probably heard the term ESOP before. ESOP stands for Employee Stock Ownership Plan. It's an option some business owners are considering as they contemplate selling. GJM Partner Bob Bobek explains how an ESOP works.

There are many important considerations for any business looking at options for a potential sale, including ESOP. It is critical to work with your team of trusted advisors as you assess your succession planning options and decide what's best for your particular situation. GJM's Transaction Advisory experts are here to help.

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