8 minute read Employee Ownership (EO) is an established exit strategy, whereby shareholders sell their company to a trust for the benefit of their employees. Since 2014, (“CGT”) free – this advantage is primarily driven by Government studies demonstrating that Employee Ownership increases company productivity, sustainability, local investment, and social mobility https://www.gov.uk/employee-ownership. There are now circa…
4 min read An Employee Ownership Business could be described as ‘Purposeful Capitalism’ a term used to explain making money with ethics –it means there is a purpose to the venture and activities and a positive ethos or spirit to the business model. The strategic choice to be a ‘good’ company is no longer defined solely…
Business Exit Strategies: The Do’s And Dont’s A business exit may be the largest transaction a leader will undertake, and the right approach can make a fundamental difference between success and failure. Mistakes can be costly, and here we present the most common slip-ups and how to avoid them. In our Exit Strategies: 11 Worst…
16 min read What Is An Employee Ownership Trust? Employee Ownership is now an established structure when shareholders seeking an exit sell their company shares to their employees. Since 2014, such sales have been 100% Capital Gains Tax (“CGT”) free. This is because the Government believes, quite rightly, that an Employee Ownership Trust increases company…
How To Sell Your Business To Your Team – The Employee Ownership Sale In our ‘How to Sell Your Business to Your Team’ webinar Kevin Uphill, Chairman of Avondale, is joined by employee ownership trust specialist Sue Lawrence, as well as Greg Vincent of Morrisons Solicitors LLP to discuss why employee ownership is centre stage.…
3 min read Selling Your Company To Employees: A Quick Glance There has been a lot of talk about employee ownership sales over recent months – and clearly, there are a lot of misconceptions. Many people regard it as being a ‘soft’ option to hand over a business to employees with no real upside…
6 min read The Semi-New Kid on The Bloc: Employee Ownership Sales Vs The Traditional MBO An Employee Ownership sale involves the sale of a minimum of 51% of your business to your staff through a Trust structure, whilst a Management Buy-Out (MBO) is where your company’s management team purchases the business themselves – not through…
In this broadcast, Kevin Uphill and Sue Lawrence discuss how to build the right team for Employee Ownership sales, how to understand the financial model and how to prepare for the process. They also share the 0% tax and HMRC clearance and why more companies are using the approach post-COVID. Employee Ownership Trusts In the…
8 min read Employee Ownership Trusts In the last two years, the number of UK Employee Ownership Trusts (EOT) businesses has doubled. This is because, if structured correctly, they can match the value of trade sales but with a capital gains tax of 0% to the selling shareholders. They can also create a more productive…
Is being Employee-Owned the Future? The economy is slowly opening after the lockdown. Hopefully, the ice will gently thaw, albeit warm weather may be some way off. We have already written about how an economic slowdown should encourage evaluation, and the latest news on this came from the John Lewis Partnership. This goliath of the…