A great team is one of the biggest assets a startup can have, but building it isn’t easy. Startups often can’t pay their employees or advisors the same compensation as established companies.
That’s why employee stock ownership plans (ESOP) or similar incentive plans are used to attract and retain top talent.
However, setting up such a plan is a complex undertaking. What type of incentive do you choose: shares, options, or phantom stock? How do you avoid legal and other pitfalls?
We’ll design a thought-through employee participation plan for you and help you set up your option pool.