"Selling to the Employees Through an ESOP" - Free Seminars 1/28 & 1/29!

The Vermont Employee Ownership Center is pleased to announce two free seminars for business owners and key managers interested in learning more about the benefits and mechanics of selling their company to the employees via an Employee Stock Ownership plan! Lead presenters for this event will be Tabitha Croscut, a nationally-known ESOP attorney who is Managing Shareholder at Steiker, Greenapple & Croscut, P.C., and Chuck Coyne of Empire Valuation Consultants, a business valuator with over 25 years of professional experience providing financial consulting, business appraisals, ESOP feasibility and transaction consulting. Details and Registration:

Thursday, 1/28, 1pm-3pm - Register
Gardener's Supply Company, Burlington, Vermont

Featuring a short talk from Cindy Turcot, COO of Gardener's Supply

Friday, 1/29, 10am-12pm - Register
Harpoon Brewery, Windsor, VT

Featuring a short talk from Charlie Storey, President of Harpoon Brewery

Please note that ESOPs are generally only feasible in companies with at least 20 employees and an "enterprise value" (roughly 5 times EBITDA) of at least $2.5 million.  In the near future, the VEOC will be presenting a seminar on an alternative for smaller companies: selling to employees using the worker cooperative structure.  Please contact us for more information: [email protected]