Comments on: Are Your Employees the Best Possible Buyer of Your Business? http://www.cfowise.com/part-time-cfo/are-your-employees-the-best-possible-buyer-of-your-business/ A CFO Perspective on Entrepreneurship, Small to Medium-Sized Business, Profitability and Cash Flow Fri, 03 Sep 2010 10:45:40 +0000 hourly 1 By: Achaessa James, CEP http://www.cfowise.com/part-time-cfo/are-your-employees-the-best-possible-buyer-of-your-business/comment-page-1/#comment-190 Achaessa James, CEP Wed, 28 Oct 2009 15:12:16 +0000 http://www.cfowise.com/?p=1852#comment-190 Julius' idea about creating an ESOP is very insightful. ESOP companies have significant tax benefits that positively impact a company's bottom line. The company's management team and employee group evaluating the purchase should contact the National Center for Employee Ownership www.nceo.org. The NCEO is a private, nonprofit membership and research organization that serves as the leading source of accurate, unbiased information on employee stock ownership plans (ESOPs) and ownership culture. They are the main publisher and research source in the field, hold dozens of Webinars and in-person meetings annually, and provide services to thousands of members. Their Executive Director, Corey Rosen is one of the nation's leading expert on ESOPs. Here is his contact information: Corey Rosen Executive Director Cofounded NCEO in 1981 Email: CRosen@nceo.org Phone: (510) 208-1314 Julius’ idea about creating an ESOP is very insightful. ESOP companies have significant tax benefits that positively impact a company’s bottom line. The company’s management team and employee group evaluating the purchase should contact the National Center for Employee Ownership http://www.nceo.org. The NCEO is a private, nonprofit membership and research organization that serves as the leading source of accurate, unbiased information on employee stock ownership plans (ESOPs) and ownership culture. They are the main publisher and research source in the field, hold dozens of Webinars and in-person meetings annually, and provide services to thousands of members. Their Executive Director, Corey Rosen is one of the nation’s leading expert on ESOPs. Here is his contact information:

Corey Rosen
Executive Director
Cofounded NCEO in 1981
Email: CRosen@nceo.org
Phone: (510) 208-1314

]]> By: Julius Goldfinger CFA http://www.cfowise.com/part-time-cfo/are-your-employees-the-best-possible-buyer-of-your-business/comment-page-1/#comment-189 Julius Goldfinger CFA Wed, 28 Oct 2009 13:21:33 +0000 http://www.cfowise.com/?p=1852#comment-189 Mr. Kaufman, How about creating an ESOP? I know it's difficult to get financing but if the employees put up some of the cash required, perhaps a local bank would make a secured loan. Also, the current owner might be willing to take back some of the purchase price in a subordinated note. Julius Goldfinger Mr. Kaufman,
How about creating an ESOP? I know it’s difficult to get financing but if the employees put up some of the cash required, perhaps a local bank would make a secured loan. Also, the current owner might be willing to take back some of the purchase price in a subordinated note.
Julius Goldfinger

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