It’s never too early to think about succession planning. When the time comes to move on or retire from the business you’ve grown, you will want it to pass into safe hands. Your employees could be the ideal people to take over the enterprise, as the Business Gateway guide to achieving an employee buyout explains.

An employee buyout could achieve a good price for you, job security for your employees and a bright future for the business – with its workforce more invested than ever in its success.

In the free guide, you can learn about:

• the advantages of an employee buyout
• employee buyout alternatives
• planning an employee buyout
• types of employee ownership
• key stages in an employee buyout
• financing an employee buyout
• running the business afterwards
• employee buyout help and advice

Yes, if you are thinking about starting, or already run, a business in Scotland.

This is a free and impartial service.

Any business based in Scotland, at any stage in its life cycle.

Set aside 9 minutes to read the Business Gateway guide to achieving an employee buyout.

An employee buyout involves all of the employees in a business, while a management buyout involves only the managers.

Visit the Business Gateway website for more advice on achieving an employee buyout.