Is my business suitable for an EOT?

Broadly, your business should be financially stable and profitable, and have a strong, capable management team able to run it after you step back (if you are choosing to do so). You also need to be willing to receive the purchase price over a number of years rather than in a single lump sum.

There are also statutory tests to satisfy, including the rules on 5% participators. A feasibility study is the usual starting point: it demonstrates how an EOT would work for your company, gives you a view of fair value, and shows how the financing would be structured.