How an Employee Ownership Trust can help your business survive Covid-19 and plan for the future 

As the world starts opening up, many of you may be starting to think about the future of your business and perhaps your succession plan.

An Employee Ownership Trusts (EOT) will can not only help you plan for exiting your business in the future, but it may also help incentivise your team to help the business grow or recover from the Pandemic.

It’s not just well known retailers like Richer Sounds, Riverford Organics and London Camera Exchange that have recently become owned by an EOT.  Many other businesses, of different sizes and in a wide range of sectors, are making an EOT central to their growth and succession strategy.

In this webinar, Malcolm Palmer FCA, Managing Partner at A4G, was joined by David Reuben, Partner at Postlethwaite, where they discussed what EOTs are, how other companies are using them and the advantages of setting one up now to help your business through this crisis and plan for your future.  

In this webinar, you will learn:  

  • The various ways business owners might exit their business  
  • The benefits of an Employee Ownership Trust (EOT) compared to other succession methods 
  • The tax benefits for business owners and employees
  • When an EOT is unsuitable for your business 
  • How to lay the groundwork for an EOT 

Details of the webinar

When it ran: Thursday 27th May

Where: Zoom 

If you have any questions whilst watching, please email these over to Amanda.Stoneham@a4g-llp.co.uk and we’ll aim to get them answered or book you a meeting with one of our experts.

 

Webinar Recording

How an Employee Ownership Trust can help your business survive Covid-19 and plan for the future