An exit strategy that rewards your team & protects your business’ future.
What is an Employee Ownership Trust?
An Employee Ownership Trust (EOT) is a legal structure that allows business owners to essentially sell their company to itself, held by a Trust that pays out in the interest of the employees whilst holding a controlling share of the company. In effect, this leaves your team with the final say over the direction the company takes, protecting the company culture and identity you created whilst rewarding them for their work and dedication. Best of all – it provides a purpose-built exit plan for you.
EOTs have been proven to consistently improve employee engagement and efficiency. Setting up an EOT allows every member of your team to benefit directly from the company’s success: this Trust, managed by appointed Trustees from your leadership team, will allow the gradual purchase of the business, providing a steady stream of sale income to yourself, as well as paying out to the employees.
Leave your legacy in safe hands: find out why an EOT could be the right succession plan for your business exit.
BHW Solicitors – EOT Experts
BHW Solicitors’ corporate team are top-ranked local solicitors in both the Legal 500 and Chambers and Partners guides. This team is headed up by Ed Nurse, Managing Partner & Director, who has achieved Legal 500’s highest individual ranking of ‘Leading Individual’.
With years of experience in business law and a deep understanding of the intricacies of EOT transactions, our team is equipped to handle the unique challenges that arise during the sale of a business to an Employee Ownership Trust. We have even undergone our own EOT conversion, so we know what the process is like on both sides of the curtain.
Our experienced and hands-on team can advise and help in all areas of an EOT transition, from initial investigations through to final negotiations. We can make this exciting process both smooth and mutually beneficial for you and your team.
A Personalised Approach
We understand that every business is unique, and we believe in taking a personalised approach to every client engagement. Your BHW legal team will take the time to listen to your goals, understand your concerns, and develop a strategy that aligns with your vision for the future, both for you and your business.
A Collaborative Partnership
We believe in building strong, collaborative partnerships with our clients and their chosen professional advisors. Our team will work closely with you and your accountant, tax advisor, or funder, providing clear and timely communication throughout the entire process.
Commitment to Excellence
At BHW, excellence is at the heart of everything we do. We are committed to delivering top-quality legal services that exceed your expectations. Our team stays up to date with the latest developments in EOT legislation and market trends, allowing us to provide you with accurate and relevant advice.
Business Succession Planning – Your Options
Employee Ownership Trusts are just one of several solid exit strategies you can take when looking to sell or step away from your business. From MBOs to restructuring and demergers, our Business Succession team offers comprehensive legal advice in all areas of business succession and exit strategies.
Discover your business exit options, receive advice on employee support, or learn what to do in a case of insolvency – you can find the answers you need by exploring our Business Succession Hub.
Success Stories
Discover how our solicitors helped company owners like you in selling their business: read more about our successful EOT transitions here.
Flying Together
