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The $ Trillion Opportunity
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ESOP BUILDERS IN THE NEWS

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AxiomNews.ca: Communications company practises full disclosure and transparency when implementing ESOP
February 13, 2009 - All eligible staff members choose to become employee owners. Click here (41 Kb) to see the full article. If you don't have Acrobat Reader, you can download it for free above.

PROFIT magazine: The 7 Best Ways to Build Your Business Now
Kim Shiffman from the November 2007 issue. Click here (2.31 Mb) to see the full article. If you don't have Acrobat Reader, you can download it for free above.

PROFIT magazine: The lure of ESOPs
Eleanor Beaton from the June 2007 issue Click here to read the full article

GLOBEANDMAIL.COM: Sharing the wealth

When it's time to exit your business, an employee share ownership plan can help smooth the transition. It may also boost the company's bottom line, BY NICK ROCKEL Click here to read the full article

THE TORONTO STAR on ESOP: How to Exit Gracefully

How to exit gracefully: Employee share ownership plans can let owners ensure their legacy as their staff take over the business. The Toronto Star, May 10, 2007

Transition or Exiting a business is not a simple affair of price alone. It has to do with legacy or more directly what business owners want to leave as their legacy to employees, managers, and community. Perry Phillips, president of ESOP Builders Inc., talks to The Star to outline some of the facts and realties faced by business owners and the larger economy as many baby boomer entrepreneurs enter into a new phase where many will be retiring but are not necessarily getting ready for the transition or exit process. Click here to read the full article

THE NATIONAL POST on ESOP: Exit Planning for Entrepreneurs

The National Post’s well-known business columnist Jonathan Chevreau recently tackled the topic of ESOPs in the Financial Post section of the newspaper on April 30, 2007.

Chevreau interviewed Perry Phillips, president of ESOP Builders Inc., about the ins and outs of employee share ownership in Canada. In the interview, Phillips cites studies that show 70% of baby boomers currently running small and medium-sized businesses will want to exit by 2015. In Canada, the opportunity should be worth $1.3-trillion, he estimates. Click here to read the full article.

 
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