The Small Business Association of Michigan (SBAM) is the only statewide and state-based association that focuses solely on serving the needs of Michigan’s small business community. We have been successfully serving small businesses like yours in all 83 counties of Michigan since 1969. We’re located in Lansing, just one block from the Capitol.
Is An Employee Stock Ownership Plan Right For Your Small Business?
LANSING - Michael Rogers, communications officer for the Small Business Association of Michigan, talks with Tom Olive, president of Crystal Flash, a small company that provides energy to customers across the Great Lakes region. Tom discusses their employee stock ownership plan (ESOP), implemented in 2016 when the Fehsenfeld family decided to transition their interest in