Many businesses can benefit from an EOT structure. If you are looking to exit from the business, and wish to see your employees benefit from future growth, then an EOT is worth exploring.
There are several options to explore, and our team can support you to understand the structure that would best suit your business in relation to suitable succession.
There are numerous advantages for the seller, including tax advantages and reliefs, greater employee engagement and empowerment, and the option of planning an exit for when the time is right.
An EOT is an opportunity for employees to take a majority stake and work in a company that they then have an ownership interest in. Employees will be able to benefit from the success of the business.
The sale of shares to an EOT should be a quicker and smoother transaction compared to a third party trade sale. Buyers are already present, with an existing knowledge of the business, making negotiations much easier.