How to create a construction company legacy


Every construction company and its owners eventually face succession issues. Owners who choose to ignore succession planning until an unexpected event forces the issue may face fewer choices, little time to react and a decrease in company value.

However, proper planning can create peace of mind and increase the chances of a smooth transition that can help retain wealth and financial security.

An employee stock ownership plan (ESOP) is one of many succession strategies available. While an ESOP…

Previous A competitive housing market in KC is leading to both buying and selling power
Next Why D&O insurance is pricier for tech and biotech firms

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *