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Selling to an EOT: What Comes Next? with Kevin Harrington

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Manage episode 486650135 series 3669463
Content provided by Darryl Bates-Brownsword. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Darryl Bates-Brownsword or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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You've sold your business to an Employee Ownership Trust (EOT—now what? Many founders think their job is done, but the reality is that the longest earn-out period often begins after the sale. In this episode of Exit Insights, Kevin Harrington and Darryl Bates-Brownsword dive into the post-exit journey, uncovering how former owners can reduce risk, accelerate payments, andensure their business thrives under new ownership.🔹 How can founders transfer critical knowledge to employee-owners?🔹 What are the biggest mistakes EOT businesses make post-sale?🔹 How can new owners shift from an employee mindset to a business ownermentality?💡 "Selling doesn’t mean stepping away overnight. If you don’t transfer your knowledge effectively, you risk the business stagnating—affecting both your pay-out and its futuresuccess."If you're an EOT trustee, a founder who has exited, or an employee-owner, this episode ispacked with insights to help you make the most of this transition.🎧 Tune in now: https://succession.plus/uk/podcasts-uk/selling-to-an-eot-what-comes-next-with-kevin-harrington/Get started by knowing how sellable your business is right now. Check out our Business Sellability Scorecard to find out. Learn more about your ad choices. Visit megaphone.fm/adchoices
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171 episodes

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iconShare
 
Manage episode 486650135 series 3669463
Content provided by Darryl Bates-Brownsword. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Darryl Bates-Brownsword or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

You've sold your business to an Employee Ownership Trust (EOT—now what? Many founders think their job is done, but the reality is that the longest earn-out period often begins after the sale. In this episode of Exit Insights, Kevin Harrington and Darryl Bates-Brownsword dive into the post-exit journey, uncovering how former owners can reduce risk, accelerate payments, andensure their business thrives under new ownership.🔹 How can founders transfer critical knowledge to employee-owners?🔹 What are the biggest mistakes EOT businesses make post-sale?🔹 How can new owners shift from an employee mindset to a business ownermentality?💡 "Selling doesn’t mean stepping away overnight. If you don’t transfer your knowledge effectively, you risk the business stagnating—affecting both your pay-out and its futuresuccess."If you're an EOT trustee, a founder who has exited, or an employee-owner, this episode ispacked with insights to help you make the most of this transition.🎧 Tune in now: https://succession.plus/uk/podcasts-uk/selling-to-an-eot-what-comes-next-with-kevin-harrington/Get started by knowing how sellable your business is right now. Check out our Business Sellability Scorecard to find out. Learn more about your ad choices. Visit megaphone.fm/adchoices
  continue reading

171 episodes

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