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
Sep 21, 2020 • 29min
EP40 - Interview with Tim Jochim - ESOP Attorney - The Godfather of ESOPs
This episode provides a guide for company owners considering an ESOP through an interview with a very experienced ESOP attorney from the Midwest. We discuss many things including what makes a good target company for an ESOP and how to find the right ESOP team to facilitate a healthy transaction.
Sep 11, 2020 • 22min
EP39 - 1042 - set hike - tax play for an ESOP
This episode provides an overview of the 1042 tax treatment for Capital gains tax deferral benefits applied to an ESOP transaction.
Sep 4, 2020 • 32min
EP38 - Interview with ESOP company - Southeastern Surveying and Mapping...Brian Garvey - Orlando, FL
This episode allows us to look at the ESOP transaction process from the point of view of one of the key corporate managers going through the process. Brian and his fellow managers had the opportunity to purchase the company as an MBO but decided on a 100 percent ESOP instead. This is a very informative episode.
Aug 28, 2020 • 30min
EP37 - SAR - a long, long way to run
This episode covers the details behind how SARS - Stock Appreciation Rights programs are utilized in ESOP transactions as management incentive plans.
Aug 22, 2020 • 37min
EP36 - Interview with Andy Daly and Stephen Eide - ESOP attorneys from Minneapolis, MN
This interview is titled: "Things I wish I knew before I did my ESOP deal." We will cover the wrong expectations of sellers on ESOP deals and some areas that are good to know before you go into the planning process.
Aug 17, 2020 • 23min
EP35 - Bill and Ted - Face The Music of 409(p)
In this episode we find both Bill and Ted dealing with 409(p) issues related to their ESOP deal that they did back in EP 19 "Bill and Ted's ESOP adventure." They had made some mistakes and now have issues with disqualified people and violations with their S-Corp ESOP - find out how they solve their 409(p) issues.
Aug 10, 2020 • 22min
EP34 - Interview with John Burgess - debut of FLCEO new non-profit in Florida to help ESOPs
This episode is dedicated to the newly created Florida non-profit called FLCEO or Florida Center of Employee Ownership. We interview John Burgess, a board member of the organization and practicing ESOP attorney in Tampa, Florida discusses the mission of providing resources to those interested in an Employee Stock Ownership Plan.
Aug 6, 2020 • 29min
EP33 - The Accountant - The Need For Accountability
This episode helps to evaluate the need in your organization for accountability and it's impact on your company converting to an ESOP. In a statistic from Forbes magazine - 93 percent of employees don't even understand what their organization is trying to accomplish - how can they be accountable...to what?
Jul 31, 2020 • 44min
EP32 - Anatomy of an ESOP Transaction - recorded negotiation case study with Miguel Paredes (trustee) and Peter Aliferis (advisor)
This episode is a recording of a negotiation of an ESOP transaction to illustrate the offer and counter offer aspects of an ESOP transaction with insight into key areas like valuation and synthetic equity to better understand the process of negotiation from both the sell-side and buy-side perspectives.
Jul 24, 2020 • 27min
EP31 - The Good, The Bad, and The Ugly - Customer Concentration Issues for ESOPs
This episode focuses on the issues related to customer concentration and how it affects your ESOP transaction. The podcast provides recommendations to plan through this issue for your transaction and boost your value in the process.
