EP14 - ESOPs as solutions for Government Contractors with expert Hobie Fradey with Warren Averett from Huntsville, AL with discussion on the new SBA ruling for 100 percent ESOPs
On this episode I interview Hobie Fradey - Government Contractor expert and practice leader Warren Averett (CPA firm for government contractors). Hobie and I delve into how ESOPs really are a very popular solution for government contractors both on a partial sale and a 100 percent sale. In 2021 there was new legislation passed for government contractors that allows a 100 percent ESOP to have preferential treatment for existing contracts. Hobie does a great job of explaining the lay of the land in Huntsville and the very popular ESOP option for exit, succession and growth strategies.
