Employee Stock Ownership Plan (ESOP) are a great way to give employees a sense of ownership in their company and help promote loyalty. They can also be used as a tool for succession planning, as shares can be passed down to future generations of employees.In Employee Stock Ownership Plan (ESOP) can be funded in several ways, including by the company itself, by selling bonds or promissory notes to outside investors, or by borrowing money from banks or other lenders.
