Employee Stock Ownership Plans (ESOPs) are one of the best-kept secrets in business succession planning. In this episode, Laurie Barkman sits down with Dan Zugell, Senior Vice President at Business Transition Advisors and a nationally recognized expert in ESOPs, to explore how these plans create financial value, enhance employee engagement, and offer unique transition options for business owners.

Dan shares insights on the financial benefits of ESOPs—like tax advantages and wealth creation—as well as the often-overlooked social impact of employee ownership, including reduced turnover and stronger workplace culture. He also debunks common misconceptions, such as the idea that ESOPs require 100% ownership transfer or that they lack exit opportunities.

If you’re a business owner considering succession strategies, or simply curious about how ESOPs can transform a company’s future, this episode is for you!

🎧 Tune in now to learn from one of the leading voices in ESOP planning.

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This Show is Sponsored by The Business Transition Sherpa®

100 percent of owners will leave their business one day. But few are prepared. Are you?

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✨📖 Get your FREE digital copy of The Business Transition Handbook here: https://btsherpa.com/book

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Connect with Laurie Barkman:

LinkedIn: https://www.linkedin.com/in/lauriebarkman/

Website: https://thebusinesstransitionsherpa.com/

Book: https://btsherpa.com/book

Course: https://btsherpa.com/course

Videos: https://www.youtube.com/@TheBusinessTransitionSherpa

Connect with Dan Zugel:

Website: ESOPs & Succession Strategies | Business Transition Advisors

LinkedIn: https://www.linkedin.com/in/dan-the-esop-man-zugell-a364b87/

For all episodes visit: https://successionstories.com

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