Employee Ownership as an Exit Option

WEST MICHIGAN CHAPTER EVENT

Employee Ownership as an Exit Option


There are several ways owners can exit a business; one option being Employee Ownership.  Is this a popular option?  What are the pro’s and con’s of this option?  What makes this a good option?

 

Learning Objectives:

  • ESOP Basics
  • Ideal ESOP Candidates
  • Pros & Cons
  • Other Employee Ownership Options when an ESOP isn’t a fit

 

About the Presenter:

Learn from industry expert Roy Messing, Director.

Meet the Presenter

This meeting will be held at the Grand Rapids Chamber of Commerce.

Address: 250 Monroe Ave NW suite 100, Grand Rapids, MI 49503

EXIT PLANNING IS GOOD BUSINESS STRATEGY

The EPI West Michigan 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.EPIGrandRapids.org

About the Presenter


Roy Messing

Roy Messing

Director

Meet Roy Messing.

Experienced Director with a demonstrated history of working in Private and Public Organizations. Skilled in Finance, Business Planning, Strategic Planning, Succession Planning, Employee Ownership and Team Building. Experienced presenter on skill-based topics. Certified in Exit Planning and Business Value Building. Graduated from Michigan State University, with MBA from University of Dayton.

Lead the Center’s efforts to build more successful Employee-Owned Businesses by building awareness of the Employee Ownership options and its benefits to exiting owners, employees, and other stakeholders; working with both business owners and employees to plan and successfully transition the ownership stake in the company; and providing ongoing education, training, and other support resources to facilitate a successful employee owned business post transaction. Direct Business Succession Planning activities to promote timely Exit Planning by business owners to meet their company and personal goals; educate and guide business owners as to the importance of succession planning; and provide assistance in the development and execution of their plan to exit the ownership of their company.

Direct the activities of the Cooperative Development Center to promote rural cooperative development for employee owned cooperatives, provide linkages of farm produce to urban centers, and general cooperative development.

Direct the activities of the Common Wealth Revolving Loan Fund that provides funding to existing or companies that are becoming employee owned.


Continuing Education


This meeting qualifies for the following continuing education credits:

One (1) CPE hour

One (1) CEPA credit

NOTE: Proper documentation must be collected and submitted to qualify for continuing education. For questions regarding awarded continuing education credits, please contact the Exit Planning Institute (EPI).