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ℹ ABOUT THIS EPISODE

After 30 years building your company, do you know how you'll exit? In this episode, Wade Carpenter and Stephen Brown break down Employee Ownership Trusts (EOTs) — a lesser-known but powerful exit strategy for contractors.

You'll learn how EOTs compare to ESOPs, what they mean for your cash flow, bonding capacity, and taxes, and why your employees might be your best buyers. If you haven't planned your exit yet, this episode will get you thinking.

⌚️ Key moments in this episode:

00:00 Succession Dilemma
00:31 EOT Explained
01:34 Why Owners Consider It
02:10 EOT vs ESOP Payouts
03:19 Size Fit and Complexity
03:40 Origins and Regulation
04:47 Owner Benefits and Legacy
06:29 Funding the Buyout
08:25 Bonding Company View
10:02 Tax and S Corp Issues
11:25 How the Money Flows
15:24 Advisors and Planning Team
19:18 Other Exit Options
20:36 Employees Are the Value
22:20 Wrap Up and Call to Action

The Contractor Profit Blueprint is a complete guide that breaks down exactly how to identify where your money's going and start keeping more of it. This isn't theory. It's the same framework I use with contractors I work with every single day.

Head to profitfirstconstruction.com/blueprint to download your free copy.

Stop working for free. Let's get you keeping what you've earned.

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com