ESOP Marketplace Unveils New Minisite ESOPLaw.co

July 30, 2012 - PRLog -- The ESOP Marketplace has recently launched another one-page informational site, this time about the various legal concerns that employee owned companies face. Due to the special regulations that an ESOP is required to adhere to such companies require specific legal expertise. Expertise which can be found at the ESOP Marketplace and their new one page site ESOPLaw.co. This site was made to be part of the ESOP Marketplace network of websites that provide business owners and interested parties with information related to various aspects of ESOPs.

An ESOP is a contribution plan that allows a company's owner to sell his or her business to family members or employees. The plan is a flexible and tax-advantageous way to transfer ownership of a company, and is especially popular among small to medium manufacturing oriented businesses.

The plan is an excellent method for the founder of a business to retire while helping employees retain job security, whereas, when a company is bought out by an external party, layoffs frequently ensue. ESOPs, if implemented with a good communication strategy, have also been proven to lead to significant improvements in productivity by encouraging employees to display initiative in their workplace and improve efficiency.

ESOP Marketplace (https://www.esopmarketplace.com/) is an online community that aims to bring together exceptionally knowledgeable and experienced ESOP advisors, and companies that have or are thinking about implementing ESOPs. ESOP Marketplace is the only online community where you can find ESOP trustees, lawyers, quarterback advisors and other experts who truly understand the nature and subtleties of ESOPs, and come with glowing recommendations from their clients. To browse advisor listings on ESOP Marketplace, go to the following page: https://www.esopmarketplace.com/advisors/

ESOP Marketplace is not a simple classified listing site... it's a unique site that has grown out of the need for the ESOP community to maintain the highest standards in their field. The site features not only advisor listings, but also informative articles about the history of ESOPs, and in-depth interviews with a number of luminaries in the field, who offer valuable advice and incisive insights on what makes a successful ESOP.

ESOPLaw.co discusses the legal issues that ESOPs have to grapple with while managing their day to day operations. http://esoplaw.co/ is part of the ESOP Marketplace effort to connect skilled legal advisors with ESOP companies as well as a wealth of helpful information. The ESOP Marketplace can help companies who have concerns with matters of fiduciary responsibility and many other issues.