Business Owner Insights
Exit Plan vs. Succession Plan: Which Is For You?
When it comes to planning the future of your business, you’ll hear two terms over and over: exit plan and succession plan.
While they might sound similar, these paths represent two very different ways to transition out of your business and each requires a unique mindset and set of goals.
The Art of Letting Go: What Every Business Owner Needs to Know
If the words “exit” or “succession” sound like giving up, think again. Having the right plan is not about walking away; it’s about ensuring a smooth transition when the time comes.
Let’s look at why every business owner needs the right exit or succession strategy and more importantly, how to create one.
Employee Ownership: A Great Alternative to Selling to Trade
Business owners often find themselves at a crossroads when it comes to the future of their companies. One traditional path has been to sell the business to a trade buyer or an external investor. However, an alternative approach has advanced – employee ownership. This model offers an alternative exit strategy and comes with many benefits for business owners.
What is the Difference Between Employee Stock Ownership Plans (ESOPs) & Employee Ownership Trusts (EOTs)
There are two key employee ownership models: Employee Ownership Trusts (EOTs) and Employee Stock Ownership Plans (ESOPs). While both are designed to give employees a stake in the business, they operate under different mechanisms, with distinct benefits and challenges. In this blog, we'll explore these differences.
Employee Ownership - the Latest Succession Trend and Why
Business owners are increasingly adopting Employee Ownership (EO) as their new exit strategy, recognising its potential to safeguard their company's legacy, enhance social impact, and offer financial benefits. Here are 5 reasons why it’s so popular…
The Key Differences: Venture Capital, Private Equity and Employee Ownership
When it comes to selling a business there are various options to choose from. Three prominent options are: Venture Capital (VC), Private Equity (PE), Employee Ownership (EO) .
While all three serve to support businesses in growth and development, they differ significantly in their approach, focus, and impact on a company.
A Season for Reflection, Family, and the Gift of Employee Ownership
Giving the gift of Employee Ownership. Amidst the merriment, thoughts often turn to our professional lives - the jobs we dedicate countless hours to and the impact our work has on our well-being. This Christmas, consider the possibility of a workplace where employees aren't just contributors but valued stakeholders, a concept known as employee co-ownership