Free

Selling your business? Find out why Merlin ERD and Woollard and Henry becam...

Event Information

Share this event

Date and Time

Location

Location

Scottish Enterprise Aberdeen

41 Albyn Place

Aberdeen

AB10 1YN

United Kingdom

View Map

Event description

Description

Scottish Enterprise and the Federation of Small Businesses will be hosting a ‘Selling your Business’ workshop exploring succession options including employee ownership on 13th November in Aberdeen.

Have you considered a succession plan for your business? It’s never too early to start thinking about your options. Employee ownership is fast becoming the preferred exit route for business owners.


Aimed at business owners considering an exit from their company, this session will give attendees the opportunity to hear engineering experts Merlin ERD and manufacturing firm Woollard and Henry explain what they considered in choosing employee ownership and how things have worked.


“By becoming employee-owned, we’re anchoring highly- skilled jobs and a profitable high-tech business in Perth, Scotland.” Iain Hutchison, Merlin ERD


“When the prospect of an employee buyout was first raised back in 2002, there were around 20 staff, all of whom saw a future for Woollard and Henry and the unique skills and expertise it could offer. We now employ 64 people and operate from five locations across the globe, going from almost zero international trade to exporting 60% of our output. We have also recently won our biggest contract to date, which will see our turnover increase to over £10million this year.” Fred Bowden, Woollard and Henry


Alistair Gibb from Ownership Associates, will talk through all ownership succession options before focussing on employee ownership and how to ensure the employee buyout is a smooth process.


Timings:


09.30 Coffee and networking
10.00 Welcome – Glen Dott, Scottish Enterprise
10.10 Ownership Succession Options - Alistair Gibb, Ownership Associates
10.35 Employee Ownership Case Studies – Merlin ERD and Woollard and Henry
11.15 Q&A
12.00 Sandwich lunch and networking
13.00 Close

Attend this workshop to learn how employee ownership offers a tax efficient exit route that protects your company’s legacy while providing a competitive price for the business. Could it be the right succession solution for you?

Please click here to view our Privacy Policy




Share with friends

Date and Time

Location

Scottish Enterprise Aberdeen

41 Albyn Place

Aberdeen

AB10 1YN

United Kingdom

View Map

Save This Event

Event Saved