A two- to three-year plan to sell a business to employees is:

Question

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An ESOP (employee stock ownership plan) is a type of retirement plan that allows employees to purchase shares of company stock. This can be a great option for business owners who want to sell their business to their employees over a period of two to three years. The ESOP can be set up to slowly transfer ownership to the employees, while still allowing the owner to retain control and receive payments for the sale of their shares. This can be a win-win situation for both the owner and the employees, as the employees gain ownership in the company and the owner is able to gradually sell their business while providing retirement benefits to their employees.

A Two- to Three-Year Plan to Sell a Business to Employees