Webcasts. Viewpoint: Steve Eide on employee stock ownership plans. Sometimes business owners who are ready to retire decide to sell their company to the employees who helped make it a success. One way that happens is through an employee stock ownership plan, or ESOP. Steve Eide, an attorney with Gray Plant Mooty in Minneapolis, has advised businesses on how to set up and run ESOPs, a process that can involve changes in the corporate structure.
His clients include Border States Electric, a Fargo-based electrical supplier, and Walman Optical Co., based in Minneapolis, both ESOPs. He talked recently to the Star Tribune. Q: If a business owner wants to sell to employees using an ESOP, must they come up with money to buy the company? A: No. Q: Business owners might get more money selling to a competitor. A: They may like the flexibility of selling to an ESOP, where they can sell maybe 30-40 percent of their stock and stay involved with the company, and five or 10 years later sell the rest. Q: In an ESOP, what control do employees have? 7 Tax-Free Benefits for Employees. PrintArticle | www3.cfo.com. IAS Plus. PrintArticle | www3.cfo.com. SuperCFO Group News. There are two primary types of financial leadership within top organizations: the CFO and the Controller.
Many growing organizations do not have a clear understanding of the two positions, often overlooking the value that a CFO could bring to their business. This article looks at the differences in skill sets and duties between a CFO and a Controller with an eye to helping determine what level of financial leadership an organization requires. A table identifies and assigns 27 responsibilities to either the CFO or the Controller to support clarification of the differences. Reviewed is the strategic vs. tactical value that each brings to an organization including the manner by which a CFO acts as a member of and trusted advisor to the executive leadership team. Addressed are CFO strengths in financial areas such as oversight, management, analysis, planning and implementation.
_PE_Trends_4Q2011_Presentation_Deck. Financial Ratio Tutorial. When it comes to investing, analyzing financial statement information (also known as quantitative analysis), is one of, if not the most important element in the fundamental analysis process. At the same time, the massive amount of numbers in a company's financial statements can be bewildering and intimidating to many investors. However, through financial ratio analysis, you will be able to work with these numbers in an organized fashion. The objective of this tutorial is to provide you with a guide to sources of financial statement data, to highlight and define the most relevant ratios, to show you how to compute them and to explain their meaning as investment evaluators.
In this regard, we draw your attention to the complete set of financials for Zimmer Holdings, Inc. (ZMH), a publicly listed company on the NYSE that designs, manufactures and markets orthopedic and related surgical products, and fracture-management devices worldwide.