In this podcast Anthony Mathews discusses succession planning, exploring questions including:
- What type of company sets up an ESOP?
- What is the process of establishing an ESOP?
- What are some of the challenges companies face?
- What makes an ESOP different than a 401k or other plan?
- What are the tax advantages?
- How does having many owners affect the company management?
Mathews describes his four-phase process of determining if an ESOP is right for a business.