Employee owned businesses are totally or significantly owned by their employees and currently deliver 4% of UK GDP annually.  Research shows that employee owned businesses achieve higher productivity and greater levels of innovation and are more resilient to economic turbulence.  They also have more engaged, fulfilled and less stressed workforces.

Employee ownership can take one of three forms:

Becoming an EOT can be a tax-effective way to resolve succession issues.  It can also be used as an incentive to attract new staff and retain others by giving them a stake in the business as a great differentiator from competitors.  An EOT is also a very useful disposal option for business owners.

KJG has a number of strong relationships with funders and legal advisors so we can make sure that a move to an employee ownership can happen as quickly and smoothly as possible.

If you’d like a chat with one of our experts to find out more, please click here to get in touch.

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