Employee Ownership Trusts (EOT) | Is An EOT Right For You & Your Business? | Pros & Cons Of EOTs

#smallbusiness #business #entrepreneur #smallbusinessadvice #sellyourbusiness #employeeengagement #employers #businessowner #businesstips Employee Ownership Trusts (EOTs) are becoming increasingly popular. Why are Employee Ownership Trusts (EOTs) growing in popularity? What are Employee Ownership Trusts (EOTs) and how do they work? In this episode of the MLC Show, host Sean Rogers sits down with Andrew Bloom to interview one of the country’s leading experts on Employee Ownership Trusts (EOTs). Andrew is a partner at Moore Kingston Smith LLP and is head of Legal Services. He is a corporate solicitor who works with clients ranging from startups and owner-managed businesses to larger SMEs and international public companies. In this interview we explore the intricacies of EOTs, address all the key issues, and answer the most common questions from employers and employees alike. With a keen focus on empowering listeners with actionable insights, Andrew shares a wealth of knowledge on everything related to EOTs. Key Takeaways: -How does an employee ownership trust work? -What are the pros and cons of employee ownership trust? What are the tax implications of EOT? Is employee ownership trust good for employees? What are the problems with employee ownership? How is an EOT funded? -What is the most common form of employee ownership? -Q&A Session This episode of the MLC Show is a must listen for anyone looking to make informed decisions regarding EOTs in 2024. Andrew Bloom’s extensive knowledge and Moore Kingston Smith’s commitment to client success ensure that listeners leave with a clearer understanding of EOTs and the key steps to consider and implement a successful EOT. Whether you are an employer, employee, or just interested in EOTs generally this is a MUST for you! Employee Ownership Trusts Advice If you live in England & Wales and want to explore a potential EOT you can get in touch with Andrew here: https://mooreks.co.uk/people/andrew-b... https://mylegalclub.co.uk/ The content of the blog, podcast, video, and/or show is for information purposes only, and does not constitute advice.