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.
Journey to an ESOP & Beyond
EP48 - To be or not to be - the choice to be an ESOP internal trustee
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Phil Hayes
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Season 1
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Episode 48
This episode evaluates the risk related to becoming an internal trustee for an ESOP company. What are the risks of being a trustee and does it make sense for your ESOP to plan on having an external trustee. We discuss some of the pros and cons to help companies plan for this important aspect on their journey to an ESOP.
