There are over 300 companies a year choosing Employee Ownership Trusts (EOTs) as their exit strategy. There are a number of factors which appeal to seller, including 0% Capital Gains Tax, a vendor-led process and the immediacy. But what is it like to run an EOT?
Our Chairman, Kevin Uphill, examined life inside an Employee Ownership business with guest speaker Nigel Roberts of employee-owned The Benbow Group, who shared his first-hand experience.
Some of the discussion points include:
• What is an Employee Ownership sale and why are they increasingly common?
• What is it like to run an EOT?
• What are the pros and cons both to the exit strategy and post-sale?
• What do employees think?
• Q&A
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