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The Eternal Business explains how through the Employee Ownership Trust (EOT) model, business founders can better preserve their achievements by selling their companies to their employees. It explores both the process of doing so as well as what it takes to get a business ready to live on and flourish without its founder.
About the author
Chris Budd is the founder of Ovation Finance, a financial planning company. His focus in financial planning has always been to see money as a tool to improve happiness. As well as advising others on the smarter exit option of employee ownership, he has undertaken the journey himself – having sold Ovation to the Ovation Employee Ownership Trust in 2018.
He is the host of 'The Financial Wellbeing Podcast' and author of The Financial Wellbeing Book and two novels. He writes regularly in the trade press and speaks at conferences. He is a diploma-qualified business coach.
Chris Budd is married, with two children, and lives in Somerset.
Summary
The Eternal Business explains how through the Employee Ownership Trust (EOT) model, business founders can better preserve their achievements by selling their companies to their employees. It explores both the process of doing so as well as what it takes to get a business ready to live on and flourish without its founder.
