Business owners spend years, and in many cases decades, building their companies. These businesses are often not only their largest asset but a major component of their identity.  Legacy, for one’s family, one’s employees, and one’s community, is a major factor for many business owners. The decision to monetize a business can feel like “the end”, the tax bills can be eye popping, and the ongoing stewardship of the company is less certain as new ownership takes the reigns. 

An Employee Stock Ownership Plan (ESOP) can be an attractive liquidity strategy for the right company, business, and set of employees. 

The ESOP transaction can achieve significant tax benefits for selling shareholders, serve as an economic driver for employees, and allow a business owner to structure an “extended hand off” of their business.   

All that said, ESOPs aren’t right for every company, come with some level of complexity, and typically involve debt as a key component of the transaction. 

EPI Greater Philadelphia has assembled a panel of entrepreneurs who’ve successfully executed ESOP transactions for their companies. These business owners are willing to share their stories, what went right, the challenges that arose, and what they might do differently this time around. 

Learning Objectives:

  • How does an entrepreneur begin examining their exit options? 
  • What advisors are involved in the exit planning framework? What traits make a business an attractive candidate for an ESOP. 
  • How does the transaction work? What are the tax benefits? 
  • How are key executives and employees factored into the ESOP effort. 
  • What is it like running an ESOP-owned company? 
  • With hindsight, how would these successful entrepreneurs change their transactions? 

About the Presenters:

Hear from industry experts Ronald Bauguess, Executive Vice President and Partner, The Tri-M Group LLC.; Dave Krysiak, Chairman of L & M Distribution and Logistics; Richard Futterer, Vice President/Partner at Forcine Concrete and Construction Company; Ann Bowman, Chief Financial Officer at Forcine Concrete & Construction Co., Inc.; Charles Higgins, CFA, Managing Director at Centri Business Consulting; and moderator Charles R. Kedra, CFP, CEPA, AIF, Wealth Advisor and Partner, FPA Wealth Management.

Thank you to our Sponsors

Event Location

Event Details

Date: Thursday, May 09, 2024
Time: 7:30 am - 9:45 am Eastern Time
Where: The Inn at Villanova University | 601 County Line Road, Radnor, PA 19087
Cost: $60
EPI Hours: 2.75

Who Should Attend?

  • Wealth Managers

    You’re a skilled relationship person. Being entangled into your clients’ professional lives matters as you build a strategy to manage their wealth upon them harvesting it from their business. Exit planning allows you to build a deeper relationship with your client, expands your COI network, while giving you an early seat at table well before the liquidity event.

  • Attorneys

    You have close relationships with clients, and can benefit from being the first advisor to introduce the idea of exit planning.

  • CPAs/Accountants

    Owners participating in the State of Owner Readiness research continue to indicate that you are the No. 1 "Most Trusted Advisor." You are a natural fit to lead the exit planning team and deepen your relationship (and retention) of next generation owners.

  • Financial Advisors

    One of the critical ‘legs of the stool’ is personal financing planning. An owner must have a strong financial plan & contingency plan post-transition to enable them to thrive in the next act of the lives personally and financially. Exit planning brings this future mindset into the present. Exit is now.

  • Valuation Analysts

    Valuation is both a billable engagement AND an opportunity to provide owners some perspective on how to accelerate value drivers (and deal with value killers). Use exit planning to make that valuation into a longer term value acceleration engagement.

  • Investment Bankers

    Only 2 of every 10 businesses that come to market actually sell. Learn how exit planning can bring attractive AND ready business to your purview.

  • Estate Planners

    Exit planning is a natural fit for estate planners who want to operate more holistically with their owner clients.

  • Strategic Consultants

    One of the most critical roles in exit planning is building transferable value. Strategic consultants have the ability to expand options and drive rapid business value that affect performance today.

  • Insurance Professionals

    Exit planning addresses the 5 D's. So do you. Approach the risk conversation differently with exit planning.

  • Mergers & Acquisition Advisors

    Proper exit planning causes less deals to fall through at the last minute. Connect with CEPAs to build your healthy deal flow network.

  • Commercial Lenders

    One of the best relationships a business owner makes is with their banker. How can you help your corporate clients think about the future and ensure financial continuity? Answer: exit planning.

  • Family Business Advisors

    More than 50% of lower middle market business owners would prefer to transition to the next generation. Help them succeed with exit planning strategies.

  • Other Professional Advisors

    Regardless of your unique specialty, there is seat at the exit planning table for you. Learn more at

  • Private Business Owners

  • Professional Advisors

  • Members of Family Business Boards

  • Other Business Professionals

  • Business Consultants

  • Business Owners & Their Trusted Advisors

  • Business Owners


The Exit Planning Institute, provides Financial Advisors, Accountants, Consultants, and other advisors of business owners with the critical education to differentiate themselves and add value to their existing client relationships through a credential, conference, courses, and content. Download the CEPA brochure for more information.