CSG's Lawrence Kaplan discussed the current challenges facing family-owned business, as well as their liquidity and continuity options, in a recent Vistage Networks webinar.
As multi-generational companies grapple with the Coronavirus pandemic, the need for robust succession planning has become even more essential. This often requires a careful balancing act between legacy concerns and shareholder liquidity goals. Kaplan explores multiple transition options, with a focus on employee stock ownership plans.
This 20-minute presentation covers the following topics:
The Unique Challenges of Family-Owned Businesses
Weathering the Coronavirus Crisis
Generational Equity Transfer Options (including gifting and equity sales)
A Working Definition of an Employee Stock Ownership Plan
Key ESOP Benefits
Employee Ownership and Estate Planning
Our friends at Vistage have graciously made this content available to all.
If you're interested in related case studies or further information, please contact us using the chat function or via email.