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Meet the 2025 Business Leaders of the Year

Mainebiz is honored to present the 2025 Mainebiz Business Leaders of the Year. These 10 individuals span various industries, including the nonprofit sector.

On the Record: Island Housing Trust’s outgoing director reflects on tackling MDI’s housing shortage

Marla O’Byrne has announced plans to step down as executive director of Island Housing Trust on Mount...

Set yourself up for ESOP success

Employee Stock Ownership Plans, or ESOPs, are having a bit of a heyday. For many business owners,...

Find and work with a lender for ESOP financing

The decision to transition a company to an ESOP can make sense in several scenarios and benefit...

The payout: How it works on the front end

How does the payout work for the seller?The answer is complex, says Susan Scherbel, founder and CEO...

Challenges turned into opportunities

While starting an ESOP might be a trend, there are many pros and cons to making that...

Employee owned and operated: How an ESOP works and what’s in it for the employees

Maine’s business community is well-acquainted with the concept of employee-owned businesses, with the first one recorded more...

Educate your employee-owners on your ESOP

Employee Stock Ownership Plans offer a unique opportunity for companies to create a culture of ownership and...

Navigating M&A transactions with key ESOP considerations: Setting up an ESOP can present a range of challenges. Here are some solutions.

Mergers and acquisitions are complex processes aimed at unlocking strategic growth, diversification and synergies. When a company...

The ESOP vocabulary: Terms for success

A first step to understanding an Employee Stock Ownership Plan is learning some key terminology.ESOP (Employee Stock...

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