Friday 24 August 2018

Selling Your Business? - Co-operative Development Scotland Workshop, 27th September




Invitation to attend ‘Selling your business? Discover why Fitwise and Jerba Campervans sold to their employees' workshop – 27 September 2018, Law Society, Edinburgh 

Aimed at business owners considering an exit from their company, this session will give attendees the opportunity to hear direct from:

  • Succession and employee ownership specialist Andrew Harrison from Co-ownership Solutions
  • Employee owned healthcare association management company Fitwise
  • Employee owned campervan specialist Jerba Campervans

Attend this workshop to learn how employee ownership offers a tax efficient exit route that protects your company’s legacy while providing a competitive price for the business.  Could it be the right succession solution for you?


This is the second in a series of 4 workshops exploring succession planning and employee ownership. View the remaining programme of workshops.

27 September 2018
Law Society, Edinburgh
Selling your business? Discover why Fitwise and Jerba Campervans sold to their employees.


23 October 2018
Scottish Enterprise, Dundee
Selling your business? Discover why Merlin ERD and STAR Dundee sold to their employees.


20 February 2019
The Lighthouse, Glasgow
Selling your business? Discover why Auchrannie and P4P sold to their employees.



SOCIAL MEDIA POSTS

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If using on Twitter, use @scotent and @Fitwise_mgt

Selling your business? Discover why Fitwise and Jerba Campervans sold to their employees at Scottish Enterprise’s workshop on 27 September in Edinburgh. To find out more and book a place: https://bit.ly/2IEVOEb

Aimed at business owners considering an exit from their company, Scottish Enterprise’s Selling Your Business event in Edinburgh on 27 September will provide the chance to hear Fitwise and Jerba Campervans explain what they considered in choosing #employeeownership. https://bit.ly/2IEVOEb

At Scottish Enterprise’s Selling Your Business event on 27 September in Edinburgh, Andrew Harrison from Co-ownership Solutions will talk through all #succession options before focussing on #employeeownership and how to ensure it is a smooth process https://bit.ly/2IEVOEb

At Scottish Enterprise’s selling your business event on 27 Sept, hear why campervan specialist Jerba Campervans and healthcare association management company Fitwise sold to their employees, and get expert advice on the EO model from Co-ownership Solutions https://bit.ly/2IEVOEb


ARTICLE
Selling your Business? Why not sell to your employees?
Planning for succession is one of the biggest challenges a business owner will face, and despite the fact that giving the topic early consideration can mean better results for the employer, the employees and the business, many delay.

Instead of viewing succession planning as a daunting task, Scottish Enterprise is encouraging businesses to see the potential for change as an opportunity to secure their business’ future and improve its performance.

As a succession solution which can bring a host of benefits, employee buyouts are becoming increasingly popular in Scotland. Becoming employee-owned gives staff a meaningful stake in the business, boosting productivity and performance, whilst ensuring the company is anchored in the local area, retaining jobs and skills. 

For Jerba Campervans, which was sold to the employees by husband and wife team Simon Poole and Catherine Brookes earlier this year, selecting the right succession option was vital to maintain the intimate approach and the niche upon which the business was founded

Commenting on the decision, Simon Poole said: “Employee ownership is an excellent business model which benefits everyone. Catherine and I can continue with our day to day roles in the business for as long as we need to, with the knowledge that the future is taken care of, while our employees are given a stake in the business and a say in how it is run. Not only do we envisage this driving job satisfaction, productivity and innovation, it ensures that the business’ unique ethos is preserved.

To help business owners decide whether an employee buyout could work for their business, Scottish Enterprise will be hosting a series of ‘Selling your Business’ workshops over the coming months, exploring succession options including employee ownership.

If you are a business owner considering an exit from your company, these workshops are an excellent opportunity to hear from succession and employee ownership specialists, as well as employee-owned companies themselves. View the full programme of workshops.

Edinburgh, 27 September 2018                                                                      
Hear why campervan specialist Jerba Campervans and healthcare association management company Fitwise sold to their employees, and get expert advice on the EO model from Co-ownership Solutions.

Dundee, 23 October 2018
Oil and gas engineering consultancy Merlin ERD and aerospace engineering company STAR Dundee explain why they chose an employee buyout, while law firm Blackadders gives guidance for business owners looking for an exit strategy.

Glasgow, 20 February 2018
Discover why luxury resort Auchrannie and design and digital agency P4P sold to their employees and get expert advice from Co-ownership Solutions.

Whether you’re looking to exit your business imminently or in the more distant future, it’s never too early to start exploring your options.






Monday 13 August 2018

£1.2 Billion City Deal ‘exciting step towards brighter future’


Theresa May hails £1.2bn city deal as ‘exciting step towards brighter future’

Prime Minister Theresa May has hailed the £1.2 billion city deal for Scotland’s capital as an “exciting step towards a brighter future” for Edinburgh and the south east of Scotland.


Both the UK and Scottish governments are committing £300 million for the deal, with local authorities, universities and businesses also involved.

Speaking at the signing ceremony at Edinburgh University, Mrs May said: “I believe we can achieve far more together than we ever could apart.” 

The PM was joined at the signing ceremony by First Minister Nicola Sturgeon - with the two leaders having earlier had talks.

The Edinburgh and south-east Scotland city deal will support cutting-edge research at the capital’s three universities, improve housing and transport links and help to build a new concert hall. 

Mrs May is visiting Edinburgh as the capital’s annual festival season gets under way, with Edinburgh International Festival director Fergus Linehan reportedly preparing for the impact a “catastrophic” Brexit could have on events. 

However, the Prime Minister spoke about the work ministers are doing to “create more good jobs and spread economic prosperity across the country” as Britain prepares to leave European Union. 

Speaking ahead of the visit, the Prime Minister said: “I am pleased to be in Edinburgh today for the city’s annual celebration of the arts and culture.

“From the Fringe, to the International Festival, festivals dedicated to science, books and storytelling, the city is truly a cultural inspiration for the rest of the UK and the world.

“Alongside the Scottish Government and local partners, I will be confirming £300 million, as part of a wider £1 billion investment by the UK Government through city deals in Scotland, to create jobs and open up new economic opportunities throughout the nation.

“These city deals build on existing strengths to open up new possibilities for the future in Scotland and the whole of the UK as part of our modern industrial strategy.“ 

She added: “Today I have also announced a further £13 million for investment in six science centres in the UK, including Dundee and Glasgow, to drive innovation in science and technology.

“As we leave the EU, the UK Government is working in partnership with business, academia and the devolved administrations to create more good jobs and spread economic prosperity across the country. 

“By making the most of our country’s assets and the talents of all of our people, we can build a brighter future for the whole UK.” 

City of Edinburgh Council leader Adam McVey said: “The agreement of this ambitious deal heralds the beginning of a transformative and inclusive programme which will help share our success right across the region. 

“This investment will allow us to unlock the region’s potential to become a global powerhouse in data-driven innovation through our exceptional research and development activities, whilst the commitment to a skills programme will enhance job prospects for everyone and allow us to capitalise on the opportunities technology and innovation creates.

“We will also greatly enhance the region’s infrastructure through significant funding for transport projects and housing development to build a vibrant region for people and businesses to thrive in.” 

The funds will support economic growth across the region through housing, innovation, transport, skills and culture. 

Investment from the Scottish Government will contribute towards 41,000 new homes, 21,000 jobs and improve the skills of an estimated 14,700 people.

First Minister Nicola Sturgeon said: “Edinburgh and the south-east of Scotland is an area of huge importance to the Scottish economy.

“The region contains over a quarter of Scotland’s population and contributes £33 billion to the Scottish and UK economies. 

“The Scottish Government’s £300 million investment in the City Region Deal will contribute towards 41,000 new homes, 21,000 jobs and improve the skills of an estimated 14,700 people across the region. 

“Our investments will ensure businesses and communities from across the region benefit from the opportunities created by this the city region deal. 

“Taken together, these projects will help the region continue to thrive and grow, fulfilling our ambitions for the region to be one of the fairest and most inclusive areas in the country.”

Read the original article at: https://www.scotsman.com/future-scotland/tech/theresa-may-hails-1-2bn-city-deal-as-exciting-step-towards-brighter-future-1-4780226