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New Data Finds Aging Baby Boomers Own Half of Small Businesses in North Carolina; Vast Majority Have No Concrete Exit Plan, Putting Local Jobs and State Revenue at Risk

New Data Finds Aging Baby Boomers Own Half of Small Businesses in North Carolina; Vast Majority Have No Concrete Exit Plan, Putting Local Jobs and State Revenue at Risk
prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.

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Is employee ownership the future? | East Anglian Daily Times

Matt Field
Published:
7:00 AM August 4, 2021

An Employee Ownership Trust may allow business owners to exit the business without selling out to a third party
- Credit: Getty Images/iStockphoto
Matt Field, corporate finance adviser at specialist business advisory firm FRP in Norwich, explains why Employee Ownership Trusts are becoming an increasingly popular succession route.
Matt Field of FRP Advisory in Norwich says employee ownership trusts have many benefits
- Credit: SWNS
The popularity of employee ownership is not new. It was gaining momentum as a route to succession for businesses of all sizes and in all sectors before the COVID-19 pandemic, and in 2020 there were 104 new Employee Ownership Trusts (EOTs) set up in the UK. This is just one shy of the 105 established in 2019, according to a recent survey by the Employee Ownership Association. ....

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Is employee ownership the future? | Eastern Daily Press

Matt Field
Published:
7:00 AM August 4, 2021

An Employee Ownership Trust may allow business owners to exit the business without selling out to a third party
- Credit: Getty Images/iStockphoto
Matt Field, corporate finance adviser at specialist business advisory firm FRP in Norwich, explains why Employee Ownership Trusts are becoming an increasingly popular succession route.
Matt Field of FRP Advisory in Norwich says employee ownership trusts have many benefits
- Credit: SWNS
The popularity of employee ownership is not new. It was gaining momentum as a route to succession for businesses of all sizes and in all sectors before the COVID-19 pandemic, and in 2020 there were 104 new Employee Ownership Trusts (EOTs) set up in the UK. This is just one shy of the 105 established in 2019, according to a recent survey by the Employee Ownership Association. ....

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Firm hire: Hugh James recruits corporate city partner

Firm hire: Hugh James recruits corporate city partner
lawgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawgazette.co.uk Daily Mail and Mail on Sunday newspapers.

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PM+M: Blackburn accountants report spike in interest in Employee Ownership Trusts

Advice: PM+M corporate finance team director Peter Kelly
A BLACKBURN accountancy firm has reported a significant spike in interest amongst North West businesses looking to become employee owned trusts.
PM+M, based on Greenbank Technology Park, says that the coronavirus pandemic has been a key factor behind the trend which has seen more and more firms express interests in selling themselves to Employee Ownership Trusts (EOTs).
The company s corporate finance team director Peter Kelly said he expects to see this trend continue.
He said: The pandemic has made businesses of all sizes reassess how they operate.
Many now realise that their people are the backbone of their operations so implementing an EOT model is the next natural step in their evolution, especially as a combination of shared ownership and employee participation can deliver superior business performance. ....

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