In this episode of 21st Century Entrepreneurship with host Martin Piskoric, ButcherJoseph & Co. Director Robert Reavis breaks down the real-world mechanics of employee ownership transactions—and why they’re often more compelling than traditional exits.

Reavis pulls back the curtain on what business owners can expect before, during, and after an ESOP sale. He explains how much control sellers can retain post-transaction, the powerful tax advantages that make ESOPs financially attractive, and the key steps owners should take to prepare for a sale—even if they’re still weighing their options.

The conversation also dives into the “dual-track” approach—running an ESOP process in parallel with a third-party sale—to give owners maximum flexibility and leverage.

Whether you’re a founder thinking about succession, an advisor guiding clients, or simply curious about how ESOPs work, this episode offers practical insights you won’t want to miss.

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