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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