Employee Ownership Feasibility Studies

The feasibility service will be delivered in two parts. The brief is as follows:

The feasibility study is expected to include, but not be limited to, the following elements:

The 'Next Steps' section will be provided by the Hub, and signpost the business owner to further reading, training events, webinars, EOA affiliate membership and introduce them to key business leaders in the employee ownership community. This section will also outline that should the client decide to proceed with a transition to employee ownership, they may do so with the feasibility service provider or with a firm of their choosing.

The feasibility service should provide general rather than exhaustive advice. It is designed to enable business owners to make a decision about employee ownership, not facilitate the transition itself. Further professional advice should be sought to act on the study's recommendations, and a formal valuation must be obtained separately as per the requirements of an EOT.