Andrew Pendleton – Solving succession woes with Employee Ownership Trusts

When it’s time for a business owner or founder to exit their organisation, it’s not quite as simple as picking out the right farewell cake for the goodbye party. Indeed, as demonstrated by Jeff Bezos’ move from CEO to Chairman of the Board at Amazon, any sort of ownership transition or succession planning requires careful planning and execution.

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Clare Alexander – Employee ownership is less complex than you think… and more beneficial

Employee Ownership is an increasingly popular business model in Scotland, both as an effective succession option as well as a vehicle for engaging staff and boosting productivity. Co-operative Development Scotland (CDS), the arm of Scotland’s enterprise agencies which promotes economic growth through collaborative and employee ownership business models, reports that there are around 110 employee-owned companies in Scotland, with 7,500 employee-owners generating a combined turnover of around £950 million.

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