Can I stay involved in the business after selling to an EOT?

Yes. Selling to an EOT allows for a flexible exit: you can retain a minority stake, remain on the board, or continue in a consultancy or mentoring role. Many owners use the transaction as an opportunity to step back gradually and coach the next generation of management.

Staying involved can help manage succession to your own timetable, and helps keep the company on track to pay the outstanding consideration. You will, though, need to think about the make-up of the board as part of your succession planning.