
Life After the Sale: 2-4 Years Inside an Employee Ownership Trust
Accountable by Shorts
• 58 min
Play episode
What really happens after you transition your business to an Employee Ownership Trust (EOT)? Join Shorts Corporate Finance Partner Andy Ryder as he gets candid with two business owners, Nik Pratap and Andrew Mills, who have both been through the EOT process.
Nik Pratap, Managing Partner of Pratap Partnership Ltd, transferred ownership to an EOT in 2023. Andrew Mills, Managing Director of T Allen Engineering Services Limited, completed his EOT transfer in February 2021 and left the business in December 2025.
Nik and Andrew share the crucial, often-overlooked lessons: from easing employee fears about job security to establishing governance structures that actually work, to finding purpose in your career after the EOT finalises.
Their contrasting timelines and experiences highlight why preserving your company's legacy must trump tax savings. If you are considering an EOT, their insights will help you navigate avoidable EOT challenges and discover tips to set your team up for long-term success.
Get more accountancy advice and updates from Shorts via our website (https://shorts.uk.com/) or follow us on:
Linkedin: / shorts-chartered-accountants
Instagram: / shorts.charteredaccountants
Facebook: / shortscharteredaccountants
Produced, recorded and edited by Loadout Media (https://loadout.media/)
Artwork by Sonya Clibbens (https://www.sclibbens.com/index.html)
Loading
