Author: NVS Professional Corporation

Employee Ownership Trusts (EOTs) offer a new and attractive exit strategy for business owners approaching retirement or planning for succession. If you’re considering stepping away from your company in the not-too-distant future, selling to an EOT could be the solution you’ve been looking for. In this guide, we discuss the seven steps to transitioning your business to an EOT, from trust establishment to management and compliance. Read more here.

Should you sell your business to an employee ownership trust? The introduction of EOTs here in Canada is big news for business owners. They provide an entirely new option for succession planning, facilitating the transfer of a business’ ownership to its employees. Selling your business to an EOT can provide significant tax advantages, though they are not without their downsides. Read our full article here to learn whether an employee ownership trust is the right exit strategy for your business.

Cash flow is the lifeblood of any successful business. It sustains daily operations, fuels growth, and helps navigate market highs and lows. If you are not actively managing cash flow, you might be exposing your business to unnecessary risk. In today’s highly competitive business environment, with its tight margins and unforeseeable market disruptions, effective cash flow management can be the difference between success and failure. Read the full article to learn more.