In this episode Joanna talks to our return guest Craig West of Succession Plus where they talk all about Employee Share Plans. Employee Share Plans have been shown to improve organizational performance but what benefits do they really bring in this area of business sales and acquisitions?
- Overview of Craig’s background on Employee Share Plans
- Methods you can use to fund the Employee Share Plans
- Implementing Employee Share Plans
- Real examples where Employee Share Plans worked really well
- Difference between Employee Share Plans and other incentive schemes
- Where Employee Share Plans won’t fit
An Employee Share Plan offers a great deal of flexibility to the selling owner. This can be a very effective technique in an owner’s succession plan. Whether the owner wants to sell all of the company at once or through multiple transactions, the Employee Share Plan allows them to control the timing and extent of exit.
Craig West, CEO & Founder of Succession Plus, together with host Joanna Oakey, talk about the implementation, benefits and alternatives to Employee Share Plans and how they can be beneficial in gearing for exit. This is valuable listening to all advisors and particularly to accountants who might have businesses that might be heading for exit in the next 5-10 years.
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Our Business Sales and Acquisitions Services
Aspect Legal has a number of great services that help businesses prepare for a sale or acquisition to help them prepare in advance and to get transaction ready. And we’ve also got a range of services to help guide businesses through the sale and acquisitions process.
We work with clients both big and small and have different types of services depending on size and complexity. We provide a free consultation to discuss your proposed sale or acquisition – so see our show notes on how to book a time to speak with us, or head over to our website at Aspectlegal.com.au
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