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Inside an EOT Success Story: From Handover to Ownership with Caroline Summers

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Manage episode 493442861 series 3669463
Content provided by Darryl Bates-Brownsword. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Darryl Bates-Brownsword or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Send us a text

What really happens after a business becomes employee-owned?

In this insightful episode, Caroline Summers, CEO of PBShop – a successful book distribution company – shares her five-and-a-half-year journey through an Employee Ownership Trust (EOT) transition. From renegotiating a sky-high valuation to building a culture of ownership among long-serving staff, Caroline walks us through the highs, the hard truths, and the powerful lessons learned.

💡 “We had to teach everyone how the business really works – warts and all – because now they’re owners too.”

Tune in to learn:
✅ How to navigate valuation in a fast-changing market
✅ Why employee engagement is key to a successful EOT
✅ The role of governance and employee councils in employee-owned businesses

Whether you're preparing your business for sale, exploring succession planning, or just curious about EOTs, this episode is packed with practical advice and inspiring leadership.

  continue reading

171 episodes

Artwork
iconShare
 
Manage episode 493442861 series 3669463
Content provided by Darryl Bates-Brownsword. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Darryl Bates-Brownsword or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Send us a text

What really happens after a business becomes employee-owned?

In this insightful episode, Caroline Summers, CEO of PBShop – a successful book distribution company – shares her five-and-a-half-year journey through an Employee Ownership Trust (EOT) transition. From renegotiating a sky-high valuation to building a culture of ownership among long-serving staff, Caroline walks us through the highs, the hard truths, and the powerful lessons learned.

💡 “We had to teach everyone how the business really works – warts and all – because now they’re owners too.”

Tune in to learn:
✅ How to navigate valuation in a fast-changing market
✅ Why employee engagement is key to a successful EOT
✅ The role of governance and employee councils in employee-owned businesses

Whether you're preparing your business for sale, exploring succession planning, or just curious about EOTs, this episode is packed with practical advice and inspiring leadership.

  continue reading

171 episodes

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