ESOP Tax Strategies and Succession Planning With Salvatore Tirabassi

Thinking of selling your business? Discover a powerful, tax-efficient exit strategy that not only preserves your wealth but also empowers your employees. 

In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Salvatore Tirabassi, a fractional CFO with extensive experience in private equity, exit planning, and succession strategies. This episode unveils the secrets of Employee Stock Ownership Plans (ESOPs) with Salvatore, who’s personally guided a $242M business sale through an ESOP, offering a unique perspective on when and how an ESOP makes sense.

In this episode, you will learn:

• What an Employee Stock Ownership Plan (ESOP) is, and how it works.
• The ideal planning timeline for an ESOP.
• The significant tax benefits of an ESOP – for owners and companies.
• How liquidity is created for selling shareholders. 
• And more!

Tune in to discover how ESOPs offer a compelling alternative to traditional sales, enabling business owners to achieve their financial goals while fostering a unique ownership culture among their employees.

Resources:

Episode Transcript & Blog | CFOproanalytics.com | tirabassi.com | LinkedIn: Salvatore Tirabassi | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 [phone] | Schedule an Introductory Call