Selling a business, or letting someone else take the reins, can be a difficult decision for business owners to make. After years of building revenue, relationships and reputation, business owners want to be able to leave their business safe in the hands of the people who know it best. And who better than their own employees?
In a nutshell, employee ownership (EO) means that a business is totally or significantly owned by its employees.
It is an innovative option and is now one of the fastest growing forms of business ownership, offering a significant number of benefits for businesses, their employees and the owners looking at succession planning.
If you are based in Wales we can provide free support to help you implement employee ownership. We can pass on our knowledge about employee ownership in your sector, the lessons learnt and success stories from across the UK. There is a lot to consider, and we want to give you as much guidance and information as possible.
We can’t always be in your ear, so why not get extra EO information and listen to a podcast?! Our friends at the Employee Ownership Association (EOA) have launched a really informative podcast which will help you as you mull over your employee ownership options.
The UK employee ownership sector has seen unprecedented growth in recent years, and the EOA monthly podcast aims to further raise awareness while highlighting EO best practice and insights.
Each month, The EOA Podcast brings you interviews from a range of guests across the employee ownership sector – including founders, employee owners, specialist advisers and esteemed stakeholder partners – as well as learning insights and news on the EOA’s latest events and courses.
Follow the link below or sign up for the podcast from your usual provider.