An employee stock ownership
plan (ESOP), when implemented under the right circumstances,
creates a positive impact with noticeable benefits company-wide.
One of the most important elements of an ESOP plan is
the design. The design needs to fit the company, its objectives,
its employees and its long-term plans. We work closely
with clients to make sure an ESOP design meets their needs
today and in the future.
Companies considering an ESOP structure will find very
few accounting firms that can address their questions
with first-hand knowledge. HLB Tautges Redpath, Ltd. implemented
our own ESOP on Jan. 1, 2003.