Employee Stock Ownership Plans
It is often said that home ownership is the American Dream. At Steele Street Capital Solutions, we believe that business ownership can be a more powerful version of the American Dream. We believe, that, if structured properly, employee ownership can be extraordinarily powerful to all stakeholders of a business. We have witnessed with our own eyes the benefit to enterprises, employees and founders and are proud to be part of what we believe is an extraordinary movement in America. Many Founders believe in solidifying their enterprise as a cornerstone of the community, keeping their enterprise privately owned, and transitioning the business over time to the next generation.
The conversion of a company to an ESOP / KSOP structure can have extraordinary tax benefits at the enterprise and shareholder level, can help to attract and retain employees, can empower leadership to focus more energy on working on the business and can enable the employees to see the benefits of their hard work in a multitude of ways.
If you cannot tell, we are passionate about ESOPs / KSOPs and love to tell the story! In fact, our goal at Steele Street Capital is to become employee owned in the future.