Employee Ownership Options

Employee Ownership Options has been set up to provide information on how employee ownership can bring benefits to employees, business owners and trade unionists within the European Union.

Succession has been identified as one of the major problems facing business owners. It is estimated that 30,000 companies in the EU close each year through bungled succession threatening some 300,000 jobs.

Many owner-managers on retirement see no way of liquidating the assets bound up in their business without either simply selling up the tangible assets, which may only be a fraction of the value of the business, or selling to a competitor (which may then asset strip or close the business down). A profitable business and jobs are lost.

Employee Ownership Options raises awareness of the business options available to small firms when they are threatened with closure either as a result of succession problems or as a result of divestment.

The project provides information and signposting on a national scale to make the business community and its advisers and stakeholders aware of the business development opportunities available.

The website gives information on technical issues and case studies.

For further information

Contact	:	Employee Ownership Options
Address	:	Check the website for UK advisers

WWW

:

http://www.employee-ownership.org.uk