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How long does an EOT take to set up?
How long does an EOT take to set up?

How do I set up an employee ownership trust? Below is a typical timeline of events that would be required when transitioning to employee ownership. The exact timings of each stage differ from business to business, but based on previous transactions, it is not unusual...

What is an Employee Ownership Trust (EOT)
What is an Employee Ownership Trust (EOT)

An employee ownership trust (EOT) is a trust that acquires shares in a company and holds them on behalf of the employees. It is an increasingly popular exit strategy for shareholders which offers attractive tax incentives and peace of mind over the future of the...

Employee ownership trust problems
Employee ownership trust problems

In this article, we are going to outline some of the problems that might arise if the transition to employee ownership is not managed and advised on correctly.Valuation of the company When selling your business to an EOT it is very important that you keep the...

Succession Planning for Care Homes
Succession Planning for Care Homes

ss@hawsons.co.uk As you know, operating a care home comes with responsibilities that go beyond those in other sectors. You need to deliver care to vulnerable residents, manage the wellbeing of staff (who do an incredibly difficult job), in addition to working within...