Steps to Setting Up an ESOP

If you have decided an employee stock ownership plan (ESOP) is worth investigating, there are several steps to take to implement a plan. At each point, you may decide you have gone far enough and that an ESOP is not right for you.

Avoiding Lawsuits in Your Stock Option Plan

It's inevitable. As more people get stock options, there are going to be more lawsuits over how these plans are run. While far from a comprehensive list, there are some common issues that come up in these suits that careful plan design can help avoid.

Creating the Ownership Edge at Your ESOP Company

"Employee ownership eliminates the conflict of interest between managers and employees. Everyone's incentives are aligned, so everyone works together to make the company as successful as possible.