Business View Magazine - May 2024

NG30YEARS Key ESOPStrategies Brighten the Path Toward Growth at Dekra-Lite F or any company following the Employee Stock Ownership Plan (ESOP)model, success requires a blend of high-level vision and employee empowerment.This is especially true for ESOPs that serve uncommon industries like Christmas decor and lighting. It’s an industry that experiences significant seasonality, with most sales occurring during the holiday season. To compete, companies must 90 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 05