Ep. 39 - How Do ESOPs Work? w/ Paula Kruger

On this episode of Selling the Dream, Doug Howard and Kathi Fleck are joined by Paula Kruger to discuss the complexities of business transitions, focusing on Employee Stock Ownership Plans (ESOPs) as a viable option for business owners looking to sell. They explore the benefits of ESOPs for both sellers and employees, the importance of having a solid succession plan, and the challenges faced by family businesses during transitions. The conversation emphasizes the need for expert guidance in navigating these processes and highlights the potential long-term benefits of thoughtful planning.