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With roughly 2.5 million Baby Boomer business owners looking to retire in the next decade, now is a critical time for putting together a succession strategy for businesses looking to pass on to the next generation.
Foster Swift Employee Benefits attorney, Mindi Johnson, recently sat down with Gary Rose, Founder of Blue Sea Advisors Network to discuss how ESOPS (Employee Stock Ownership Plans) can be an effective strategy for business owners looking to transfer ownership in succession.