What Is an ESOP and Why Are

They Good for Minnesota?

TWIN CITIES METRO AREA VIRTUAL CHAPTER EVENT

What Is an ESOP and Why Are
They Good for Minnesota?


So how do we keep businesses in Minnesota communities, grow the economy and create wealth equity?  Employee Ownership through an Employee Stock Ownership Plan (ESOP) provides a business owner with a fair market value exit price, rewards employees, secures a strong retirement for them, and keeps jobs in local communities which benefits the economy of those communities.

Learning Objectives:

Advantage of an ESOP…

  • It is a flexible, tax-advantage tool for business succession.
  • It is a way for the owner to take some, or all, the money off the table.
  • It is a retirement plan for employees that creates a real financial future for them.

 

Meet the Presenters:

Hear from industry experts Sue Crockett, Executive Director, Minnesota Center for Employee Ownership, Scott Grausnick, Owner and CEO, Harbinger Partners and Kirk Lindermann, Assurance Partner, Eide Bailly.

About the Presenters

 

Thank you to our Sponsors!

 

EXIT PLANNING IS GOOD BUSINESS STRATEGY

The EPI Local Chapter is different than other groups because it brings together a diverse group of professionals from a wide range of specialties that can naturally work collaboratively on exit planning, succession planning, value growth, transaction or any engagement from both sides of the equation. The chapter meets regularly to network, reconnect, grow knowledge, and sharpen their skills with a common goal: Change the outcome for transitioning business owners. Make plans to join us for future events and connect with the local leadership by visiting www.EPITwinCities.org.

About the Presenters


Sue Crockett

Sue Crockett

Executive Director, Minnesota Center for Employee Ownership

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Scott Grausnick

Scott Grausnick

Owner & CEO, Harbinger Partners

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Kirk Linermann

Kirk Linermann

Assurance Partner, Eide Bailly

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