Event. Succession Planning: The Future of Your Business

Free professional advice. 19th March 2024.

If you are a company owner thinking of selling your business…. do you know your options?

Business succession planning event flyer with date and location.

Employee Ownership (EO) is an increasingly practical and popular option. During 2022 – 2023 there was a 37% increase in EO businesses in the UK and there are currently 71 in Wales, with the option gaining popularity due to the unique benefits it brings such as: 

  • Employee Buyouts tend to have a better record of sustainability
  • No need to look for an external buyer
  • Rewarding tax advantages for owners and employees
  • Preserves the culture, values and legacy of the founder/s

If you are based in Gwynedd and you feel that Employee Ownership could be a solution to your succession planning concerns, come along to our free event on the 19th March 9am-11am at Portmadog Football Club, to find out more. 

You will gain insight from HR and finance professionals and hear how Dylan Huws, founder of Cwmni Da, exited successfully through the EO route. 

To reserve your place or book an appointment, please visit: Cynllunio Olyniaeth | Succession Planning Tickets, Tue 19 Mar 2024 at 09:00 | Eventbrite

Other News

With the original founders moving on, the ownership of the business will be transferred to Orchard’s staff from October 1st this year, when an employee owned trust will own and manage the company.
An Employee Ownership Trust (EOT) is a relatively simple way for a company to become employee owned and is far simpler to manage than allocating all the shares to employees individually.