3 Ways to Employee-Ownership – Canada

3 Ways to Employee-Ownership – Canada

ESOP (Employee Share Ownership Plan), EOT (Employee Ownership Trust), and Worker-Owned Cooperative are three different models for transferring ownership of a business to its employees. Each model has its own advantages and considerations, so the choice depends on the...
Selling your business to your employees

Selling your business to your employees

And not your kids…. HBO’s Succession depicted the complex dynamics of passing down a family business, painfully reminding the viewer of the potential challenges and pitfalls of transitioning leadership to the next generation. Having worked with many family...