by Greg Caruso | Mar 21, 2023 | ESOP Business Valuation
As a trustee of an ESOP company, it is important to understand the primary drivers of value. We call them People, Processes, Profits. While simple, if you always keep these factors in mind, it will help you make informed decisions on correctly pricing annual shares....
by Greg Caruso | Feb 1, 2023 | ESOP Business Valuation
The Art of Business Valuation is pleased to be sponsoring the NCEO 2023 Annual Conference. NCEO is a leading ESOP Association that promotes, educates, and protects ESOP Companies and their employee-owners. Join me and 2,000 employee-owners who are passionate...
by Greg Caruso | Dec 2, 2022 | ESOP Business Valuation
One of the most important roles the Employee Stock Ownership Plan (ESOP) Trustee has is to determine the stock price for the ESOP plan at the time of the initial transaction and then again each year. This is a fiduciary decision that must be made with care and...
by Greg Caruso | Sep 29, 2022 | ESOP Business Valuation, SBA Business Valuation and Appraisal, Uncategorized
In 2018 the Main Street Employee Ownership Act (MSEOA) was passed. It was thought the MSEOA would allow companies to get an SBA 7(a) loan for an ESOP transition. Unfortunately, the SBA requirements to secure the 7(a) loan for an ESOP transition made it unlikely that...
by Greg Caruso | Aug 18, 2022 | ESOP Business Valuation
Employee Stock Ownership Plans, better known as ESOPs, are required to have a compliant opinion of business value each year to assist the ESOP trustee in determining the share value for distributions and purchases of beneficiary stock. The trustee has the fiduciary...
by Greg Caruso | Nov 30, 2020 | ESOP Business Valuation, Estate and Gift Tax Business Valuation, Technical Business Valuation Topics
Valuing a Small Business IS Different. After a recent seminar “Valuing Small Businesses in the Shadow of COVID-19”, I took time at the end to answer some questions from the attendees. Here are some of the questions (and answers!) on using the Income Method...
