Are you thinking about selling your business?
Planning for succession is one of the biggest challenges a business owner will face, but giving the topic early consideration can mean better results for the employer, the employees and the business.
Employee buyouts are becoming an increasingly popular succession option in Scotland. Being employee-owned gives staff a meaningful stake in the business, boosting productivity and performance, whilst ensuring the company is anchored in the local area, retaining jobs and skills. For business owners, employee ownership offers a tax efficient exit route that protects a company’s legacy while providing a competitive price for the business.
To help you decide whether an employee buyout could work for you, we host a series of online ‘Selling your Business’ masterclasses over the coming months, exploring succession options including employee ownership.
If you are a business owner considering an exit from your company, these masterclasses are an excellent opportunity to hear from succession and employee ownership specialists, as well as employee-owned companies themselves.