If you are thinking about your exit, your starting assumption may well be a trade sale. It is the most familiar route. A buyer, a negotiation, a completion date. You sell the business, receive the consideration and hand over control. (Oh, that it was always that simple!) But for many business owners, particularly those who […]
Leo Hickish, Chairman and Director at Batcheller Monkhouse, Shares His EO Journey with James Shand at vfdnet. Q: Before we talk about the transition itself, could you paint a picture of Batcheller Monkhouse before the move to employee ownership — the culture, the team, and where the business was in its lifecycle? A: We were […]
Transitioning your business to an Employee Ownership Trust (EOT) can be an incredibly rewarding move, but it’s not without risks. While an EOT offers stability, tax advantages, and a lasting legacy, the process is complex. Without proper due diligence, business owners can find themselves facing unexpected legal, financial, and operational challenges. Understanding what could go […]
Transitioning your business to an Employee Ownership Trust (EOT) can be an incredibly rewarding move, but it’s not without risks. While an EOT offers stability, tax advantages, and a lasting legacy, the process is complex. Without proper due diligence, business owners can find themselves facing unexpected legal, financial, and operational challenges. Understanding what could go […]
Transitioning your business to an Employee Ownership Trust (EOT) can be an incredibly rewarding move, but it’s not without risks. While an EOT offers stability, tax advantages, and a lasting legacy, the process is complex. Without proper due diligence, business owners can find themselves facing unexpected legal, financial, and operational challenges. Understanding what could go […]
Grapevine are a full-service IT and communications support provider. Brian Vockins was one of the key owners and sought an alternative to a business sale as his exit strategy. He wanted to leave a good legacy and an Employee Ownership Trust was his choice. Brian shares his story and his reasons for choosing to become […]
Embarking on an Employee Ownership Trust (EOT) or a Management Buyout (MBO) as an exit option has become popular for business owners. The choice reflects your values and commitment to the long-term success and sustainability of your business. However, the journey isn’t without challenges, particularly be aware of a potential gap in leadership and skills […]
Will Marr is a vfdnet Associate FC. He’s been an associate since 2019 and recently started mentoring under James Shand’s wing to learn ‘real-life’ about options for business exits with a focus to date on Employee Ownership Trusts. vfdnet are seeing a real interest in EOTs alongside MBOs and where a trade sale isn’t the […]
When it comes to selling a business, owners have various options available to them. Two methods of business sale that have gained popularity are Management Buyouts (MBO) and Employee Ownership Trusts (EOT). Proving a trade sale is no longer the only or obvious option. An Employee Ownership Trust, requires a minimum of 51% of your […]
In an Employee Ownership Trust deal the focus can often be on getting the best deal for the business owner. Everyone’s keen once a decision has been made to complete a sale to employees that they lose sight of the importance of ensuring all stakeholders’ interests are included in the EOT agreement. Our Virtual FDs […]