Is an ESOP for me?

My company regularly looks for proactive tax reduction strategies, and could always use more.

Federal and/or state law requires that only licensed professionals may own my company.

The company would find it easier to pay off debt if it no longer had to pay state of federal taxes.

My company experienced continued increases in profitability in the last two years.

My company's annual revenue is greater than $5,000,000.

I expect fair market value of my business would exceed $10,000,000.

I would consider accepting Fair Market Value for the business, under the right conditions.

I may be interested in ways to convert some of my equity to cash, while retaining in full control of the company

The company has recently received offers to sell.

Our management team or successor(s) is ready or could be ready in 3 to 5 years to assume most of the operational responsibilities.

I have identified and groomed a successor(s)

I have a desire to gain additional personal time, work less than usual, and still have complete control over the company.

My company currently contributes to one or more qualified retirement plans for its employees (e.g., 401k plan, profit sharing plan, defined benefit plan, etc.)

My company employs more than 20 full time non-union employees.

My company would like additional ways to recruit, reward and retain talented employees.

I am concerned about the fate of the employees if the company was sold to an outside buyer or private equity.

The community where the company operates would be negatively affected if a significant number of employees were relocated or laid off.

I have a desire to preserve the family and community legacy created by the company.