Chris Budd

Chris Budd, founder and former CEO of Ovation Finance, shares his journey into employee ownership trusts. He emphasizes the significance of culture, purpose, and happiness when transitioning a business. Discover the essential elements needed to prepare employees for this shift and how to align personal and company goals for better engagement. Budd also highlights the financial realities of employee-owned entities, tackling misconceptions about business valuations while reflecting on the fulfilling aspects of the entrepreneurial journey.

Chris Budd, a qualified business coach and specialist in Employee Ownership Trusts, shares insights on employee-owned businesses. He discusses the impact of EOTs on business exit strategies and how they enhance company culture. Chris highlights the importance of employee engagement and values alignment for improved productivity. He illustrates successful transitions, such as Armin Animations and Riverford Foods, emphasizing the need for preparation and communication. Listeners discover how EOTs can ensure long-term benefits for both owners and employees.