Are Esops Too Complex and Costly a Way to Sell Your Transportation Business | Andy Manchir, KSM

There is a common misconception that an ESOP or Employee Stock Ownership Plan, is too complex for trucking companies and that it probably just would cost too much. After listening to this week’s Hot Seat episode with KSM's Andy Manchir, you’ll know that isn’t true.   Andy and Spencer go over what exactly an ESOP is and isn’t, the common misunderstandings around ESOPs and the overall pros and cons of the ESOP exit for the transportation business owner.    Looking to acquire another transportation business? Join Tenney Group's private Buyer Network where we take the time to learn about your specific business goals and only bring you possible deals that fit those goals.   https://www.thetenneygroup.com/buying-a-business/   Interested in selling your transportation business? Click the link below to see our process and find out if we can help you achieve your business goals.   https://www.thetenneygroup.com/our-process/