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507: Unlocking Business Succession: The Power of ESOPs with Keith Butcher
Manage episode 434183613 series 3593126
Treść dostarczona przez Jason Hartman, Jason Hartman with Dan Millman, and Pat Flynn. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Jason Hartman, Jason Hartman with Dan Millman, and Pat Flynn lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
In an interview with Jason Hartman, Keith Butcher, founder of Butcher Joseph, discusses business succession and Employee Stock Ownership Plans (ESOPs). With many business owners approaching retirement, ESOPs offer a tax-efficient way to transition ownership to employees. This model enhances employee retention and loyalty, providing long-term retirement benefits. Despite its advantages, ESOPs are underutilized due to limited awareness and expertise among advisors. Butcher emphasizes the need for a comprehensive approach to succession planning, considering the current market dynamics and the significant tax benefits ESOPs offer compared to traditional sales. For more, visit https://butcherjoseph.com/
#BusinessSuccession #ESOP #EmployeeOwnership #TaxBenefits #RetirementPlanning #BusinessLegacy #EmployeeRetention #KeithButcher #ButcherJoseph #SuccessionPlanning #SmallBusiness #BusinessValuation #EconomicTrends
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