Pre-Transaction Services:
It’s important that a company is positioned well in the market before initiating an ESOP transaction. This involves ensuring financials are in order, dealing with banks, and cleaning up any financial records or issues. A key to a successful transition is having a strong management team to ensure continuity after the transaction.
Support for CFOs and Accountants:
New to the ESOP world? Gregg has helped mentor CFOs or accountants. Mentoring and training a company’s accounting team through ESOP specific details - census, projections, budgets, and compliance - ensuring they understand the unique financial requirements.
During the Transaction:
During the transaction, Gregg acts as navigator, helping clients avoid mistakes, guiding them through the plan design, and bridging the gap between the company’s internal language and the technical language used by external service providers.
Post-Transaction Support:
Post-transaction, Gregg offers a scription service, allowing new-to-ESOP plan administrators and staff access to a resource to answer questions during early stages. Services include helping with employee education, corporate governance, and compliance.
He can both provide advisor services for the formation of the board or serve on a board himself.