Baxendale Employee Ownership are expert advisors on employee ownership in all its forms. We have been helping businesses become employee owned for over twenty years and are the UK’s leading advisors on Employee Ownership Trusts (EOTs).
We run half-day workshops for business owners and leadership teams, exploring Employee Ownership as an option for the future of their business.
Employee Ownership, via an Employee Ownership Trust (EOT) offers a long term ownership solution for family businesses reaching the end of family succession. As well as securing the independence of the business for the long term and providing opportunity and reward to employees, many of whom may have been with the business for many years. There is also the opportunity to protect the founding family’s values and legacy via the EOT.
In addition to creating Employee Ownership Trusts (EOTs), we also advise on and implement employee share schemes for direct share ownership. These are often introduced alongside an EOT, creating a hybrid ownership structure, where direct ownership of shares by employees sits alongside the EOT. The EOT provides secure long term ownership and a potential future buyer for those shares directly owned by the employees.
Communications with the employees around the changes that are taking place as you move into employee ownership are essential if your business is going to thrive in employee ownership. Employee information sessions, workshops and training sessions are an integral part of the service that we provide to our clients. We also provide these services to other businesses who are transitioning or may have recently transitioned into employee ownership, who have not engaged us for the legal work.
As Employee Ownership Trusts (EOTs) become an accepted form of business ownership in more and more countries across the globe, we are proud to provide support and advice to businesses moving to trust ownership outside of the UK.
