Employees Buying Into Your Business
In this episode, Ben and Nathan dive into a hot topic that’s gaining traction among small business owners: allowing employees to buy into the business. This option is becoming increasingly popular, with more clients asking about and pursuing it. But is it right for your business?
Tune in as we explore:
The benefits to both the business and its team members, from fostering loyalty to enhancing growth potential.
The accounting and tax considerations that business owners need to keep in mind, ensuring you’re prepared and compliant.
The legal implications and key points to consider before allowing employees to buy in, from structuring the deal to navigating complex agreements.
Whether you’re thinking about making this move or just curious about the possibilities, this episode is packed with valuable insights.
Bored with the “boring” tag the Accounting industry seems stuck with, Inspire is a firm on a mission to change common perception by achieving outstanding results with out of the box thinking… and doing.
As Accountants and numbers people we believe that family is number one and get excited to help Young Families Use Their Small Business to Achieve Big Goals.
Best known for proactive tax & accounting advice, our “It’s all Sorted” lodgement service for small businesses actually pays for itself in tax saved.
Acknowledged by Anthill as “one of the Top 100 Companies In Australia,” Inspire is throwing out timesheets and by-the-hour charges. Embracing cloud tech like Xero and giving part of its profits to families in need in the developing lands instead, making them all the more interesting.
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