In June 2009 we had launched our ecommerce website through which we were selling share scheme packs as well as on the site of a legal publisher. We soon came to realise that it was those who did not buy the online document pack but instead telephoned looking for advice on share schemes who had […]
Common problems with a Management Buyout
If a third party sale isn’t on the cards, a Management Buyout could be a great alternative option for your succession plan. What a great scenario – selling to the team you have built who you know and trust. So what can go wrong? Money! So you know what price you want for your business […]
From Invention to Innovation: Our Succession Planning Journey
Ideas are ten a penny: the real challenge is can you take your great idea and turn it into a profitable product or service that can drive the growth of your company? My historical hero is James Watt, the engineer who in the late 1700s invented the condensing chamber to the steam engine. It meant […]
Selling your Business: The Importance of your Team
Selling your business is something you might only ever do once. Careful planning and preparation will, of course, be key but you should never underestimate the importance of your team – not only to help you get a third party sale across the line, but also their importance to the purchaser. That purchaser could be […]
Employee Share Schemes – What happens if an employee leaves?
So you’ve decided you want to implement a share scheme for your employees. What happens if one of them leaves? Obviously one of the reasons for implementing your share incentive may be to avoid this scenario but sometimes things happen that you cannot pre-empt. First it is important to understand the legal distinction between an […]
How do EMI Options work?
You may have heard about Enterprise Management Incentive (EMI) Options and that they are a great way to structure a tax-advantaged share option scheme for your employees. But what exactly are they and how do they work? To keep the favourable tax treatment that makes EMI Options so popular, the scheme must be registered with HMRC […]
Our next succession planning workshop – 13th February!
As business owners we all have something in common: we have to accept that we cannot run our businesses forever. What do you want for yourself and your business? Have you considered all of the options? Will your business be ready for you to leave when the time comes? Our succession planning workshops offer an […]
7 reasons to consider an employee share option scheme for your business
An employee share option scheme for your business will compel you to think strategically, about how you are going to communicate it to your team, and how you are going to design it. Here are our 7 reasons to consider an employee share scheme for your business, along with guidance on what you should be thinking about […]
What are the requirements for an EMI Option Scheme?
As with all tax-advantaged arrangements, an EMI (Enterprise Management Incentive) option must not be granted as part of a scheme or arrangement the main purpose of which is the avoidance of tax, and as such must be implemented for commercial reasons. EMI Options can be a powerful way to attract, retain and motivate key employees, […]
4 things to consider before implementing an employee share scheme
The need to attract, retain and motivate key members of your team (whether they are current or potential managers) is critical to the success of your business. An award of shares or options can be a great way of achieving this, but there are a number of key things to think about before moving things […]
