Succession Planning: Selling your business to an EOT
12 November 2019
Take a look at the first in our series of articles written alongside Pinsent Masons, NatWest and the Royal Bank of Scotland, where our experts highlight the options available and the factors to consider when handing over the reins of your business.
This article focuses on Employee Ownership Trusts ("EOTs"). Recent findings have showed that there are 370 employee-owned businesses in the UK, and that the sector has experienced dramatic growth over the last two years.
The key sectors moving to Employee Ownership include Professional Services, Manufacturing, Wholesale and Retail, Health and Social Care and Construction.
How could Employee Ownership work for your business?