May 21, 2019 | 8:00 AM | Tuesday

Tue May 21, 8:00 AM - Tue May 21, 10:00 AM
1601 S MacDill Ave,, tampa, FL 33629

Community: South Tampa

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Transworld M&A Advisors will participate in a panel discussion of Employee Stock Ownership Plans (ESOPs) on May 21 from 8-10am with The Alliance of Tampa Bay, Palma Ceia Golf & Country Club, 1601 S. Macdill Ave. in Tampa. $40 members, $60 non-members.

Event Details

Transworld M&A Advisors, a division of Transworld Business Advisors, will participate in a panel discussion of Employee Stock Ownership Plans (ESOPs). The panel will include business owners who have successfully created an ESOP for themselves and their employees, plus leading ESOP advisors and professionals. This event will be hosted by The Alliance of Tampa Bay on Tuesday, May 21 beginning at 8:00 am until 10:00 am. The event will be held at Palma Ceia Golf & Country Club, 1601 S. Macdill Ave. in Tampa. Cost for members is $40 per person and $60 per person for non-members. A continental breakfast will be served. For more information and to register for the event, contact Len Russek or Mike Ertel at 888.864.6610, or email LRussek@TransworldMA.com or MErtel@TransworldMA.com.

The panel discussion will cover a myriad of topics and dispel some of the myths about ESOPs, business mergers and acquisitions, plus how to exit a business in some of the most beneficial financial conditions. Also, attendees will learn from business owners and how they successfully created a cash buyer for some or all of their business at fair market value while staying on at their discretion as a senior manager with full compensation and benefits for several years, even after selling a majority interest in their company. Additionally, panelists will address how taxes on business sale proceeds may be deferred indefinitely, and how the traditional ESOP exit strategy is being reconceptualized to reduce or eliminate ongoing corporate income tax.

“When done correctly, setting up an ESOP frequently helps to improve the overall efficiency and productivity of people in a firm as they are now related to the company in two ways. First, as an employee and also as a shareholder. Good performance of a company would be in their best interest,” said Len Russek, event panelist and managing director of Transworld M&A Advisors. “We will discuss how to provide positive benefits for employees, management, and buyers and sellers of businesses, and more during the presentation.”

Len Russek and Mike Ertel are managing directors of Transworld M&A Advisors. They have more than 50 years of combined experience in all aspects of mergers and acquisitions al

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