ESOP Builders Inc. - Making Shared Ownership a Profitable Reality!

ESOP BUILDERS IN THE NEWS

PROFIT magazine: The 7 Best Ways to Build Your Business Now
Kim Shiffman from the November 2007 issue Click here to see the full article

Marketing magazine: Succession Stories
Danny Kucharsky from the July 16th 2007 issue Click here to read the full article

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

ESOP BUILDERS INC. ANNOUNCES NEW NATIONAL PARTNERS NETWORK

TORONTO, Dec. 13 /CNW/ - ESOP Builders Inc. is the comprehensive, single resource in Canada for middle market business owners to successfully implement Employee Share Ownership Plans (ESOPs) and Exit Strategies. Now ESOP Builders has formed a national network of partners to strengthen its position across the country.

Many Baby Boomer owners of medium-sized businesses are looking for exit strategies as they move toward retirement and wish to cash out of their companies, while still leaving a legacy for employees. With that in mind, ESOP Builders Inc. is in the forefront of guiding these companies through the stages of valuation, exit negotiations and funding. Employee Share Ownership Plans is one option for this growing demographic of business owners.

ESOP Builders, located in Thornhill, Ont., near Toronto, has just launched a national network of partners who are leaders in valuation and succession planning in Vancouver, B.C.; Winnipeg, Manitoba; Edmonton, Alberta; Montreal, Quebec and Thunder Bay, Ont.

Our national network includes the prestigious firms of BMM Valuations in Vancouver, BC; Boyd Mowbrey-Gil Valuation Consultants in Edmonton, Alberta; Wise, Blackman in Montreal, Stafford Swain & Associates in Thunder Bay and Fitzpatrick & Partners LLP in Winnipeg.

ESOP Builders Inc. also has a strong team of strategic partners cutting across a broad financial spectrum.

ESOP Builders Inc. president Perry Phillips has more than 25 years of experience with issues such as business and ESOP valuations, corporate reorganizations, mergers, and acquisitions.

For interviews or quotes from ESOP Builders Inc. President Perry Phillips or any of our national partners contact:

Perry Phillips
President
perry@esopbuilders.com
416-645-0512