When a business owner decides to retire or pursue new ventures, the question naturally arises: what happens next to the business? There are several succession options available, but one gaining significant traction is transitioning the company to employee ownership via an Employee Ownership Trust (EOT).
An EOT offers a structured exit at fair market value for the current owner, while empowering employees to share in the company’s future success. Far from being a gesture of goodwill alone, it’s a strategic, mutually beneficial approach that can help preserve the legacy and stability of a business for generations to come.
In his recent blog, Christian Mancier, Partner in Corporate and Commercial at Stockport’s Gorvins (pictured), explores the EOT model, its key advantages, and the practical steps involved in implementing one for your business.
Read Christian’s blog HERE
Expert Opinion: Securing your business through an Employee Ownership Trust 
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