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Advance Your Wealth - How an ESOP Can Benefit Your Business, Your Employees and Your Net Worth

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Manage episode 345155218 series 2834060
Contenu fourni par Homer Smith. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Homer Smith ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.

Many business owners are always looking to motivate their employees, generate better results and save themselves some money in taxes.

On the latest installment of Advance Your Wealth, we're examining a tool that can potentially do that and more for your business. It's a retirement plan and succession tool called an Employee Stock Option Plan, or ESOP.

Sit back, relax, and enjoy another enlightening conversation surrounding a strategy that is bound to leave you with some considerations for your own business.

Timecodes:

0:06 - Introduction and overview on the topic of the day

2:00 - Why this type of retirement plan is one that business owners should be considering

3:42 - How an ESOP functions for a business and its employees

5:12 - The key differentiating factors within ESOPs

6:40 - The advantages business owners see when using ESOPs

8:55 - How an ESOP can benefit a business as an entity

10:38 - How an ESOP can assist within the succession planning efforts for business owners

12:36 - Questions that business owners should be asking themselves

14:35 - The first step you should be taking if you're interested in implementing an ESOP

16:33 - How you can get in touch with Homer and his team

17:30 - Closing remarks

Connect with Homer Smith:

Facebook

LinkedIn

Website

  continue reading

65 episodes

Artwork
iconPartager
 
Manage episode 345155218 series 2834060
Contenu fourni par Homer Smith. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Homer Smith ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.

Many business owners are always looking to motivate their employees, generate better results and save themselves some money in taxes.

On the latest installment of Advance Your Wealth, we're examining a tool that can potentially do that and more for your business. It's a retirement plan and succession tool called an Employee Stock Option Plan, or ESOP.

Sit back, relax, and enjoy another enlightening conversation surrounding a strategy that is bound to leave you with some considerations for your own business.

Timecodes:

0:06 - Introduction and overview on the topic of the day

2:00 - Why this type of retirement plan is one that business owners should be considering

3:42 - How an ESOP functions for a business and its employees

5:12 - The key differentiating factors within ESOPs

6:40 - The advantages business owners see when using ESOPs

8:55 - How an ESOP can benefit a business as an entity

10:38 - How an ESOP can assist within the succession planning efforts for business owners

12:36 - Questions that business owners should be asking themselves

14:35 - The first step you should be taking if you're interested in implementing an ESOP

16:33 - How you can get in touch with Homer and his team

17:30 - Closing remarks

Connect with Homer Smith:

Facebook

LinkedIn

Website

  continue reading

65 episodes

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