Journey to an ESOP & Beyond
Jason Miller & Makenzie Wirth
ESOPs are gaining traction. In the "Journey to an ESOP & Beyond” podcast, Doeren Mayhew's Jason Miller and Makenzie Wirth explain the process of the ESOP transaction and address ESOPs from a business owner's perspective. They illuminate the simplicity of ESOPs and debunk common misconceptions that ESOPs are immensely costly and complicated.--“Doeren Mayhew" is the brand name under which Doeren Mayhew Assurance and Doeren Mayhew Advisors, LLC and its subsidiary entities provide professional services. Doeren Mayhew Assurance and Doeren Mayhew Advisors, LLC (and its subsidiary entities) practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Doeren Mayhew Assurance is a licensed independent CPA firm that provides attest services to its clients, and Doeren Mayhew Advisors, LLC and its subsidiary entities provide tax and business consulting services to their clients. Doeren Mayhew Advisors, LLC, DM Payroll Solutions, Doeren Mayhew Capital Advisors and their subsidiary entities are not licensed CPA firms.
Episodes
Mentioned books
Feb 19, 2021 • 32min
EP5 - Titanic vs. The Love Boat - ESOPs for contractors
This episode is the first in a series that focuses on understanding the applicability of utilizing an ESOP to help a contractor through the succession and exit process.
Feb 11, 2021 • 35min
EP4 - ESOP financing for Government Contractors with Patrick Stoltz at Wintrust Bank
This episode provides a discussion with Patrick Stoltz at Wintrust Bank out of Chicago, IL about the particularities of lending for the buyout of an ESOP to a government contractor type business. It is an excellent compliment to episode 53.
Feb 3, 2021 • 30min
EP3 - Any Given Sunday - Overtime. Competitive Analysis for your company going towards ESOP
This episode is part 2 on understanding competition by exploring the importance of evaluating your competitive landscape and goes deeper to provide insight into how to accomplish this task and what tools you might want to use in the process.
Jan 25, 2021 • 37min
EP2 - ESOPs for Rollup companies - discussion with Steve Goodman - ESOP attorney from Louisville, KY
This episode focuses on why you might want to consider a roll up or consolidation of multiple businesses. Steve and I cover how it works and what are the benefits of leveraging this into an ESOP transaction.
Jan 18, 2021 • 33min
EP1 - Any Given Sunday - Competitive Analysis
This episode covers the basics in documenting your competition as a step along the process of moving towards an ESOP transaction. It will provide a discussion on the importance of documenting competition and practical steps in getting started.
Jan 7, 2021 • 41min
EP55 - Medical practices as ESOPs - interview with Richard Glassman - ESOP attorney from Connecticut.
In this episode Rich and I highlight the ability to transition a Medical practice to an ESOP and solutions related to proper licensing.
Dec 31, 2020 • 32min
EP54 - Home alone - What are you going to do with your business?
This episode highlights the issue of being prepared with a succession and exit plan relative to an ESOP. It encourages the listener to avoid planning in a crisis situation by covering pitfalls of not planning and some areas of motivation.
Dec 24, 2020 • 35min
EP53 - Government Contractors as ESOPs - interview with ESOP attorney Andy Watson from Hunstsville, AL
This episode focuses specifically on government contractors becoming ESOPs with an informative interview with Andy Watson with expertise in both ESOPs and Government Contractors.
Dec 18, 2020 • 36min
EP52 - Inception Deception - Evaluating your business valuation
This episode provides insight into one of the most important numbers you need in evaluating the sale of your business. There is helpful information to help you review your business valuation so that you can determine if it is truly a valid estimate of the potential enterprise value of your business.
Dec 11, 2020 • 40min
EP51 - Interview with Certified EO's CEO - Thomas Dudley from Oakland, CA
This interview debuts a fairly new company providing support related to communicating the ESOP message throughout the company to employees. Thomas explains the need to build an ESOP culture and how their tools really add value to the process.
