Where are you on your journey?
Whether you are a business owner, a manager supporting succession planning, or a tax or legal professional helping clients navigate succession strategies, we’re here to guide you every step of the way.
“I am considering retirement and want to explore my options for selling my business to my employees.”
Exploring employee ownership options for retirement.
“We have an ESOP in place and are interested in transitioning to an Employee Ownership Trust (EOT).”
Transitioning from an ESOP to an EOT.
“We have an ESOP, but it needs to be updated and revitalized.“
Refreshing an existing ESOP.
“I am a tax or legal advisor seeking to better support my clients during their transition to employee ownership.”
Supporting clients as a tax or legal advisor.
Our Process
At Firefly Insights, we take a collaborative approach to employee ownership transitions. We start by assessing your unique business needs and goals, then develop a tailored plan to guide you through implementation. Our focus is on clarity and support, ensuring a smooth transition that sets your company up for lasting success. Together, we’ll build a thriving future for everyone involved.
Initial Consultation
We start with a no obligation consultation, discussing your business needs and goals and how Firefly Insights can help.
Identify the Model
We get to know you as an organization; everything from your company culture and goals to your structure and numbers. We talk to owners, management and employees to get a holistic view of your organization. Then we identify an employee ownership structure that will meet your unique needs.
Implement the Model
Our experience in employee owned companies (as both employees and owners, with 10 years of experience designing and implementing Employee Ownership for companies in a range of industries) means that we know what it takes to create success in an employee ownership transition.
Education and Engagement
Transitioning to Employee Ownership is a cultural shift, and as with any major change project, it needs time, education, and engagement to succeed. We are here to support you through it all.
SELLING OPTIONS
Worker Coop, EOT, ESOP, so many options, find the one that’s right for you.
BUSINESS VALUATION
What is your business worth? What are the financing options?
TRANSITIONING YOUR EMPLOYEES TO OWNERS
There’s work to be done to shift the mindset of your employees to owners, we specialize in that!
taxes & legal
What are the legal and tax implications of a business sale for you and your employees?
SUSTAINABILITY
How do I transition my business to my employees and make sure it sustains?