eot Advisory
Through our subsidiary EOT Advisors, we are able to provide companies in all 50 states with the financial advisory and investment banking services that are required to establish an Employee Ownership Trust.
Design
We will work with the seller to design an EOT (or EOT alternative), including a custom-tailored profit sharing formula, and to structure a sale that maximizes the tax and financial benefits available to the seller, while complying with all applicable IRS rules. As needed, we will collaborate with the seller’s attorney, CPA, and other financial advisors.
Documentation
We will work with clients and their attorneys to draft a trust agreement, as well as accompanying corporate documents, in order to implement their desired ownership structure. We will also assist with any necessary transaction documents.
Valuation
We provide appraisals of business value for the purpose of selling to an EOT. Business valuations are an important part of the process of transferring a business to employee ownership. We tailor the scope of our EOT business valuations to our client’s specific needs and the purpose of the engagement.
IRS Approval
We will assist clients with selection of an appropriate tax status with the IRS. If necessary, we will prepare the appropriate forms and applications, along with communicating with the IRS on a client's behalf in connection with obtaining approval of a client's new tax status.