Succession Planning

One of the biggest challenges facing small business owners is how to keep the business in the family or transferring it on to a new generation of management. This is where Eaves & Co can help, by going through all the options available to help you decide which strategy is right for YOUR business.

We can compile a comprehensive report explaining all the available avenues for the successful continuation of the family business, breaking down both the business and tax implications of each option.

When you have decided on the best strategy, Eaves & Co will implement the plan, including ensuring any necessary clearance from HM Revenue and Customs is sought.  If required we would be more than happy to file the tax returns for both the individual and the business.

Some Potential Strategies

• Employee Share Schemes
• Employee Benefit Trust
• “Family buy-out” through a New Company