Selling an Employee Ownership Trust (EOT): Strategies with Andrew Evans
Автор: Succession Plus
Загружено: 2024-07-25
Просмотров: 211
Andrew Evans, a seasoned tax law expert, shares his insights on selling an employee-owned business. As Employee Ownership Trusts (EOTs) gain popularity, many wonder about the possibility of selling down the road. Andrew has real-world experience selling two EOT companies. In this episode, discover:
How an EOT buyout works and its impact on employees
Key considerations for trustees thinking of selling
Tax implications involved
Handling financial struggles in an EOT company
The role of minority shareholders in a sale
Even if an EOT seems like a lifelong commitment, things can change. As Andrew says, "Don't rush in. Take your time and get advice." If you're curious about exiting an EOT or selling to another one, this info-packed episode is a must-watch.
If you would like to learn more about how to start preparing your business, then you can get more information here: https://page.succession.plus/it-all-b...
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