Functionalities to Expect with an ERP Upgrade
Editor’s note: This blog was written in conjunction with ArcherPoint and its team of ERP experts....
Employee-Owned Companies (ESOPs)
Leverage ESOP Experts
To Create & Preserve Value
Being employee-owned creates a special company culture and requires unique expertise when it comes to your numbers and business strategy. Whether you are already an ESOP or just wondering if offering employees stock ownership is the right option, Redpath’s ESOP Team can help you. Understand the tax implications of your decisions better and seize opportunities for your company and employees to thrive.
Consider Becoming an ESOP
Whether you are exit planning, looking for tax advantages, or want to change the culture of your company, we can help you decide whether becoming an ESOP is the right path for you. Fully analyze the benefits and risks by getting a clear picture of each option and its impact. Learn about restructuring as an S or C Corp before becoming an ESOP. Our experts can explain how the rollout process works and whether or not your business is a good candidate. Be informed on tax implications, employee engagement, and the transaction process.
Strengthen Your Existing ESOPs
Navigate the complexities of being an ESOP with advisors who are up-to-date on all the relevant regulations you face. Ensure fiduciary responsibilities are covered and your financial performance is optimized. Mitigate risk, tax plan strategically, model potential business decisions, and improve your financial reporting to protect your employee-led culture.
Specialized ESOP Services
From a feasibility study to a valuation to the complex reporting requirements that come with being an ESOP, you will have advisors who understand your unique challenges. Inspire confidence in your employee-owners with clear financials that chart your way forward. Whether you need accounting support or audit services to help maintain compliance, Redpath can help you.
ESOP Plan Audit
Valuation
Tax Planning
Transaction Consulting
Feasibility Study
Repurchase Obligation Study
ESOP Accounting
Employee Communication & ESOP Education Consulting
Management Transition Planning
What to Know Before You Start Succession Planning
August 25, 2020 - What do you want for your business when you leave it? While there are many...
Addressing ESOP Valuation Challenges During COVID-19
April 20, 2020 - With the exponential spread of the COVID-19 virus triggering extended governmental...
The ESOP Feasibility Study is a Transaction Roadmap
February 5, 2020 — The sale of a business is the culminating event for many business owners who are...
Brian Sweeney is a partner, the employee ownership (ESOP) team leader, and also a client manager specializing in financial statement audits, business and systems consulting, and management and advisory services. He works with closely-held businesses in a variety of industries, including manufacturing and wholesale distribution, with a specialty focus on employee-owned companies. As Redpath’s ESOP team leader, Brian focuses on client services, financial health, and cultural consulting to employee-owned companies. He works to protect S Corp ESOPs and stays up-to-date and knowledgeable on issues, changes, and legislation through involvement and committee leadership roles in the ESOP community. Brian was elected to and serves on the board of Directors for the National Center of Employee Ownership. He is an active member of the Finance Committee for the ESOP Association, the Government Relations Committee of the ESOP Association Minnesota/Dakotas Chapter, and Employee-Owned S Corporations of America. Brian is a regular presenter on employee ownership topics at local, regional, and national events. He has provided public accounting services at Redpath and Company since 1998.
Contact Brian: