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Too many business owners are stuck trying to do everything themselves and their businesses are suffering as a result. The SCALEit Method® teaches you how to get unstuck, reach the next level in business, and scale beyond 8-figures. All business owners face similar challenges when it comes to growth, and on this podcast, Allison Maslan delivers the tactics you need to get unstuck, reach the next level in business, and scale beyond 8-figures.
LLC ESOPs? The Facts, Risks, and Possibilities
Manage episode 340678319 series 2630259
Зроблено Ohio Employee Ownership Center and Ohio Employee Ownership Center і знайдено завдяки Player FM та нашій спільноті. Авторські права належать видавцю, а не Player FM, і аудіоматеріали транслюються безпосередньо з сервера видавця. Натисніть на кнопку Підписатися, щоб слідкувати за оновленнями в Player FM або скопіюйте і вставте посилання на канал до іншої програми для подкастів.
It is common understanding that only C-corporations and S-corporations can sponsor Employee Stock Ownership Plans (ESOPs). But is this indeed the case? In this episode we speak with Mike Sorice about how LLCs can indeed sponsor an ESOP and the reasons why some have chosen this option. We talk about the differences between LLCs and other types of corporations, how LLCs can be structured to sponsor an ESOP, as well as the risks associated with doing so.
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GUEST INFO :
Mike Sorice
- Linkedin: https://www.linkedin.com/in/mike-sorice-law
- Phone: 614.223.9336
- Email: msorice@beneschlaw.com
WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at oeoc@kent.edu
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