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Suggest who benefitsEP10 - Ahhhh…Freak Out! ESOP process - how might one freak out during the process and what can you do about it?
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Suggest questionThis episode is a continuation of our tribute to the 70’s with this classic and memorable song that captures everything we want to say in two simple words: FREAK OUT…. I was inspired for this episode in having multiple experiences with clients throughout the last several years from mild anxiety to a little more than anxious when it came to certain parts of the process. Keeping in mind that this is for many the only time they have ever sold their business - it can be a trying time to say the least. The ESOP sell-side advisor needs to plan and prepare with the client to try and eliminate as many potential surprises as possible. But there are other reasons for freak out and this episode does its best to nail down those to prepare for what may come throughout your journey to an ESOP.
About Journey to an ESOP & Beyond
ESOPs are gaining traction. In the "Journey to an ESOP & Beyond” podcast, Phillip Hayes explains the process of the ESOP transaction and addresses ESOPs from a business owner’s perspective. The "ESOP Guy" illuminates the simplicity of ESOPs as he debunks common misconceptions that ESOPs are immensely costly and complicated.