
Employee ownership: Pros and cons of selling your company to your staff
Nobody knows your business and its culture better than your employees. So, is selling it to them an effective way to exit your business?
A growing number of business directors are making the decision to pass a controlling stake in their company to their employees.
Employee-owned businesses enjoy various tax advantages and often experience higher productivity and greater economic resilience.
Employee ownership can be a complex and time-consuming option, however, so it’s important to take expert advice and ensure it fits with your long-term financial goals.