This month we’re joined by our very first guest on the podcast, Mike Flesch of Alerus Financial. In his role with Alerus, Mike serves as the independent and institutional trustee for a number of employee-owned companies, and he stopped by the studio (office) to talk with Chris Kramer about what an …
Stock Appreciation Rights in an ESOP Company
If you’re a small or mid-size business owner, odds are you may still spend a significant portion of your time involved in the day-to-day operations of that business. But as the company continues to grow and managerial responsibility becomes more decentralized, more often than not, there are …
Learn more about Stock Appreciation Rights in an ESOP Company
Navigating the Great Resignation: Equity-Based Strategies to Attract and Retain Top Talent
Finding quality people has always been hard. Now more than ever, keeping them seems even harder. As we enter 2022, most experts agree that the post-Covid world will never fully return to the workplace of old. In light of this reality, what strategies can you use to effectively retain and incentivize …
Why Consider an ESOP? Is it Right for Me?
When facing a business transition, business owners have a variety of options that include a sale to outside or inside parties. A sale to inside parties can be achieved through a direct sale, or through the use of an Employee Stock Ownership Plan (ESOP). For business owners without an established …