ABRC-ESOP

Evan L. Rhodes: Many small to mid-size businesses face a transition dilemma: they are either too small to be bought by a public or private equity company, too expensive for a third party buyer, or too valuable to close down. Several dream about an IPO but are fazed by financial markets now demanding that companies show a large and growing market opportunity, sustainable business model, meaningful revenues with significant international exposure, just to name a few IPO criteria. One option that is proving viable for closely-held businesses is the ESOP, which stands for Employee Stock Ownership Plan.