Sell your Business
Pain-Free!
A Succession Employee Share Ownership Plan (ESOP) allows you to focus on your next big thing.
No M&A Fees
Perserve Your Legacy
Guided Setup & Support
Set a net profit target, anything above the target is paid to the ESOP
The ESOP buys your shares with the money it's been paid
The shares are given to your employees to retain and motivate them
Employees work to boost profit to buy more shares
Everything in DIY
Employee Customer Support
Employee Ownership Session
Online Employee Equity Offer
Amdements to Legal Documents
Everything in Explorer
ESOP Legal Documents
Unlimited Customer Support
Access to the ESOP Templates
Full Access to the Succession ESOP Guide
Always Free
Got a question that's not answered here? Email us at info@esoppal.com
Yes, if you're an Australian private business that is profitable most years, then you can use the Succession ESOP to sell your business.
Because we care and believe in Employee Ownership, we want to help business owners make the right choice when selling their business. Our aim is to reduce all hurdles to Employee Ownership.
Employees who do not meet requirements will lose some or all their shares; the remaining shares will be bought back over time as to avoid cashflow problems.
They too can participate in the ESOP; however, it is best in this case to opt for 'Done For You,' as we might need to adjust the rules to avoid unintended tax consequences.
When the profit target is not met, no shares are bought. Employees are only rewarded if they meet the target. You won't be able to sell your shares in times of no profit.
Sign up! It's free, and you'll have complete access to the Succession ESOP guide!