Firm to Discuss Alternatives to Equity Sharing
Irvine, CA, May 31, 2012 --(PR.com)-- Privately-held company owners commonly want to create a sense of stewardship with their key people but are reluctant to share stock in order to achieve that ownership mindset, according to Tom Miller, president of The VisionLink Advisory Group, a compensation design firm headquartered in Irvine, CA. As a result, how companies can effectively share value with key producers without giving away equity will be the theme of a webinar to be broadcast by Miller’s firm on June 26, 2012 (8:30 to 9:30 a.m. PDT).
“It’s a real issue for closely-held businesses,” Miller offered. “You have key people you want to attract and retain. You want to be in a position to share the value they help create because you know that will help those employees think more like you as the owner. However, sharing stock creates more shareholders, opens the books to employees, dilutes the value of current owners and makes for a messy transition when some leaves and retires. So what do you do?”
There are much better ways of addressing this need than giving away stock but a lot of companies just don’t know about them, Miller went on to say. VisionLink seeks to help companies address problems like this by increasing their awareness of alternative compensation and rewards approaches. One of the ways it does this is by broadcasting free webinars each month on various compensation topics. The event to be held on June 26 is part of that series.
“Businesses are hungry for solutions to the day to day issues that can derail their goals and growth targets,” commented Ken Gibson, VisionLink’s senior vice president and producer of the monthly webinar series. “There’s a lot of information on the internet, but it doesn’t bring it together in a way most business leaders need to formulate a good strategy or solution. Our webinars raise the issues they are dealing with and then map out the remedy in clear terms. At a minimum, it gives them hope that there is a way to solve the problem.”
As it relates to equity alternatives, Miller and Gibson indicate there are about seven other approaches a company could take to address the issue of long-term value sharing without sharing stock. There is also an effective “decision tree” process a company can follow to arrive at a conclusion about which plan is best suited to its circumstances.
The broadcast on June 26 is free to the public (as are all of VisionLink’s webinars). Individuals can register by going to: http://www.vladvisors.com/business-growth-strategies/event-details.aspx?ID=98.
“It’s a real issue for closely-held businesses,” Miller offered. “You have key people you want to attract and retain. You want to be in a position to share the value they help create because you know that will help those employees think more like you as the owner. However, sharing stock creates more shareholders, opens the books to employees, dilutes the value of current owners and makes for a messy transition when some leaves and retires. So what do you do?”
There are much better ways of addressing this need than giving away stock but a lot of companies just don’t know about them, Miller went on to say. VisionLink seeks to help companies address problems like this by increasing their awareness of alternative compensation and rewards approaches. One of the ways it does this is by broadcasting free webinars each month on various compensation topics. The event to be held on June 26 is part of that series.
“Businesses are hungry for solutions to the day to day issues that can derail their goals and growth targets,” commented Ken Gibson, VisionLink’s senior vice president and producer of the monthly webinar series. “There’s a lot of information on the internet, but it doesn’t bring it together in a way most business leaders need to formulate a good strategy or solution. Our webinars raise the issues they are dealing with and then map out the remedy in clear terms. At a minimum, it gives them hope that there is a way to solve the problem.”
As it relates to equity alternatives, Miller and Gibson indicate there are about seven other approaches a company could take to address the issue of long-term value sharing without sharing stock. There is also an effective “decision tree” process a company can follow to arrive at a conclusion about which plan is best suited to its circumstances.
The broadcast on June 26 is free to the public (as are all of VisionLink’s webinars). Individuals can register by going to: http://www.vladvisors.com/business-growth-strategies/event-details.aspx?ID=98.
Contact
The VisionLink Advisory Group
Ken Gibson
949-265-5703
www.vladvisors.com
Contact
Ken Gibson
949-265-5703
www.vladvisors.com
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