Business owners with anyone, or all, of the following wishes:

• Convert part of all of their equity into cash, tax free
• Add value to their company by increasing company cash flow and working capital
• Increase employee responsibility and productivity

Any business qualifies, i.e., service, retailing, distribution, manufacturing, with:

• Minimum annual payroll of $500,000 (of course, there are exceptions)
• Minimum 7 – 10 employees if business is a C corporation (20 or more employees are needed if an S corporation)
• Profitable, or with potential for profit in near-term
• Company can be either a C or an S corporation

ESSENTIAL ESOP COMPONENTS

The following steps must occur to establish and maintain an effective and successful ESOP:

• Financial design
• Technical design
• Legal documentation
• Valuation
• Communications to employees
• Administration year-to-year
• Coordination and consultation among the clients’ advisors

Menke and Associates, Inc, is the most active firm in the country in the design and installation of ESOPs. It is also one of the few firms that offers comprehensive ESOP servicing, including financial consulting, ESOP legal services, valuation, administration, employee communications, insurance funding, and investment banking.