An employee stock ownership plan (ESOP) could be a great option for your employees and company leadership. An ESOP is a retirement plan that vests your employees in the business and gives them a compelling reason to care about how the company is doing. When the company does well, they do well. For owners wishing to sell their business, it can provide an exit strategy while maintaining continuity within the business.
Is it something you could consider? Keep reading to learn more.
Due to the lower corporate tax rates—thanks to new tax laws passed last year—C corporations might be the new popular kid in school. If you own or run an S corporation, it might be worth looking into converting to a C corporation—but make sure to consider all the details.
Happy Holidays and Happy New Year from all of us at Southard Financial!
Southard Financial is so grateful to have clients like you. We appreciate your trust in us to provide quality business valuation and advisory services. Here’s wishing you joy and laughter during the holiday season, a Happy New Year, and a prosperous 2018!
Southard Financial is keeping a close eye on developments in Washington.
Back in January, when we posted about possible tax law changes under the Trump administration, we anticipated modifications to inheritance and gift tax laws. Now, with the House having finalized a tax bill and the Senate working on its own version, we’re able to take a closer look at proposals coming out of Congress.
Let Southard Financial find buyers for your business.
When the time comes to sell your company, there are a multitude of decisions you will need to make. One of the first and most crucial decisions centers on how you will connect with buyers. Southard Financial makes it easier for you by allowing you to work with us exclusively or less formally, so you enjoy more offers or potentially more cost-saving flexibility.