Ted Lape is a partner at Lazear Capital Partners and an expert in ESOPs. He has over 25 years experience in professional lending, and has funded well over a billion dollars of capital in his career. He received his MBA from the University of Chicago and his undergraduate degree from Northwestern University. Ted serves on the Boards of ACG Columbus, the Columbus Council on World Affairs and the Nationwide Children's Hospital Development Board. Learn more about Ted.
Employee Stock Ownership Plans & You
Employee Stock Ownership Plans (ESOPs) continue to grow in popularity. Today, more and more owners are considering ESOPs as their ideal succession strategy. ESOPs are a great way to empower your team and promote continued business growth – long after employees retire. In this uncertain job market, ESOPs are a great tool for employers to highlight their commitment to their employees.
What You’ll Learn About ESOPs
We’re here to answer the big question business owners are asking concerning ESOPs: “What’s in it for me?” To help us answer this question, ESOP expert, Ted Lape, helps us dig into the topic.
Listen to this episode of unsuitable to learn:
- What the various forms of ownership transitions are
- The current outlook for business owners looking to transition
- How to prepare for ownership transition and what risks to be aware of