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J. Robert Beyster's Spirit Lives On

Author: Zollars, Ron
Product Type: Magazine / Newspaper Articles
Source: The Beyster Institute
Publication Year: 2015

[This document has not yet been rated] 17 views

In 1986, Dr. Beyster created the Foundation for Enterprise Development (FED) to assist companies and individuals who were interested in furthering the concept of employee ownership, a core principle of Dr. Beyster's entrepreneurial philosophy...

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Section 1042: A Guide to Qualified Replacement Property

Author: Vira, Damien
Product Type: Magazine / Newspaper Articles
Source: The Beyster Institute
Publication Year: 2015

[This document has not yet been rated] 26 views

The shareholder of a C corporation can defer or eliminate capital gains taxes when he or she sells stock to an employee stock ownership plan…

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Harrell Remodeling ESOP Company Profile

Author: Mathews, Anthony
Product Type: Magazine / Newspaper Articles
Source: The Beyster Institute
Publication Year: 2015

[This document has not yet been rated] 119 views

Harrell Remodeling, Inc. (HRI) is the result of a young woman's belief in the ideas that good fortune comes from hard work; that anything is possible with enough commitment; that listening to and serving the needs of others is the only correct business model and that thoughtful, methodical planning is a good thing – not a handicap.

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Dependency, Poverty and Employee Ownership

Author: Hoffmire, John
Product Type: Magazine / Newspaper Articles
Source: The Beyster Institute
Publication Year: 2015

[This document has not yet been rated] 30 views

In today's economy, some employees live paycheck to paycheck and are unable to save for a rainy day, let alone retirement. However, an increasingly utilized business model may yield part of the solution. Employee Stock Ownership Plans (ESOPs) are a promising alternative to traditional business models…

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Don't Wait for a Crisis, Fix it Now

Author: Scott, Sid
Product Type: Magazine / Newspaper Articles
Source: The Beyster Institute
Publication Year: 2014

[This document has not yet been rated] 118 views

When things go wrong at work, as they occasionally do, a common first reaction is to look for the culprit(s). This can lead to punishment which may result in the "evildoer(s)" being severely reprimanded, or even terminated. Unfortunately, not only does the problem often remain unsolved, the organization is left with another challenge of replacing a person or two. There may be a better way that doesn't result in a lose-lose situation...

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10 Things to Know about IRC Section 1042

Author: Khorsand, Behzad
Product Type: Magazine / Newspaper Articles
Source: The Beyster Institute
Publication Year: 2014

[This document has not yet been rated] 88 views

Section 1042 of the Internal Revenue Code allows for the deferral of capital gains tax when selling qualified securities to an employee stock ownership plan (ESOP). Here are 10 things we think selling shareholders should know about the 1042 election.

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Opinion: Looking for the Perfect Buyer?

Authors: Gilbert, Ronald J.; Parham, Jim
Product Type: Magazine / Newspaper Articles
Source: The Beyster Institute
Publication Year: 2014

[This document has not yet been rated] 86 views

With all the news about company bankruptcies, increased government regulations, higher equipment costs and economic uncertainty, some motor-carrier owners are looking for options...

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Deck the Malls!

Author: Staubus, Martin
Product Type: Magazine / Newspaper Articles
Source: The Beyster Institute
Publication Year: 2014

[This document has not yet been rated] 84 views

A tale of entrepreneurship – and a leading holiday decoration company becomes employee owned...

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The Fiduciary Trustee's Role in ESOP Governance

Author: Mathews, Anthony
Product Type: Magazine / Newspaper Articles
Source: The Beyster Institute
Publication Year: 2014

[This document has not yet been rated] 98 views

In this issue, we close the loop on the triangular governance structure that supports ESOP companies and discuss the role of the ESOP itself as reflected in the duties and functions of the ESOP fiduciary (the trustee).

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The Role of Management in an Employee-Ownership Company

Author: Mathews, Anthony
Product Type: Magazine / Newspaper Articles
Source: The Beyster Institute
Publication Year: 2014

[This document has not yet been rated] 190 views

What is the function of senior management in the governance of ESOP companies? Simply put, the function of management in an ESOP company is the same as in any other company - to manage very well to achieve strategic objectives and to participate in the strategic operation of the company by giving the board feedback on how the strategic plan is being successfully implemented and, more important, where it is failing.

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