Time to reconsider employee share plans?
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Are your employees part of your business succession plan?
If you're thinking about stepping back and need a practical strategy for succession, employee share plans could be a great way to go, says succession supremo Craig West, of Succession Plus. And now's the time to think about it, Craig says, as the Government looks to roll back the recent draconian tax rules which effectively stopped such plans in their tracks.
So what's so beneficial about employee share plans? Craig West suggests many good reasons, but you also need to adopt the right approach, get good advice, and start the conversation early.
Topics: Family Business, Human Resources, Management
Craig West, Succession Plus