Employee Ownership

Whilst you take care of your business…
…we’ll take care of your financial future

talk to us about eo

Helping business owners for nearly 30 years

Montgomery Charles are independent financial planners with a particular specialism in advising business owners. As a Supporter Member of the Employee Ownership Association, we work to provide bespoke wealth management and financial planning advice for those who are either considering or actively progressing through the Employee Ownership process.

We have specialised in helping business owners achieve their professional and personal goals for nearly 30 years. As a business owner and founder himself, our CEO, Mike Marigold, knows exactly what it takes to turn an idea into a thriving company and to continue driving towards success.

Plan for tomorrow

Succession planning is key to a lot of the work we do – both helping our clients ensure they can look after future generations of their family and loved ones, and also ensuring they can leave a legacy in terms of their professional success. Employee Ownership allows you to focus on ‘getting more life out of life’ (our mantra), taking comfort from the knowledge that your professional legacy is in safe hands.

how we can help your eo planninghow does employee ownership work?

How we can help you on your EO journey

Having helped hundreds of business owners exit their business and move on to the next stage of their lives, we know what it takes.

Before embarking on your employee ownership transition, it is imperative to have a holistic financial plan in place, which identifies your lifelong goals, dreams and ambitions.

We will then show you your current trajectory and whether you are on track to achieve your goals. Our plan-first approach will demonstrate what various business-exit scenarios will look like for you, so you are aware of the financial consequences of the decisions you are about to embark upon.

This will provide the confidence you need to know how much to sell your business for and ultimately take the next step.

Our team will then guide you through the process in conjunction with our professional partners (and yours) and ultimately ensure the hard-earned sale proceeds you receive are put to work for the next stage of your life. Whether this is starting another entrepreneurial venture, living the life you want to live or helping others, we believe money should always be doing good things.

What is Employee Ownership and how can it help?

In essence, Employee Ownership is a way to sell your business to your staff via a trust. Over the last decade, this innovative and established approach is gaining in popularity every year, for a number of key reasons:

As an owner you do not have to rely on a third party to see and understand the value of your business, the way you do. You can achieve a sale price that is fair to you, other shareholders and the future employee owners.

The shares you sell to the trust are exempt from capital gains tax, saving you up to 20%. Typically you will receive your sale proceeds over several years, which ensures not only the stability of the business, but helps you to financially transition into the next stage of your life.

Apart from you, who knows how to run your business better than your staff? They are the engine room of your company and of its future success.

Research shows that employee owned businesses are more productive, the workforce are happier, there are less days lost to sick leave and they are typically more profitable. Ultimately staff are more engaged and motivated.

And that’s not all…

  • Staff can benefit from an annual tax-free bonus of £3,600 each
  • Employee ownership works for businesses across all sectors
  • There is no one-size-fits-all approach, meaning your deal can be structured in the best way to suit you, the continued success of your business, your staff and your external stakeholders
  • As an owner you can choose to completely exit the business, transition your exit or retain a stake to ensure you and your family continue to benefit from your hard work for generations to come
  • This structure can be combined with various other share schemes to ensure you have the right people, doing the right things at the right times

Your next step: Talk to us about EO

Start planning for the future you want today: book an exploratory consultation with one of our specialists.

This is a chance for us to find out a little more about your situation, and for you to ask any questions you need to. It is complimentary and there is no commitment required on the back of it.

If you are already an EOA member, you should have been provided with a private link to book a complimentary consultation with us. If not, don’t worry. Just book via the link below and state in the booking questions that you are an EOA member.

We look forward to speaking to you.

Book an EO chat now

You can take comfort in the knowledge that whilst you run your business, we will look after your financial future.

Jurassic Coast, Dorset