In the latest instalment of the Recruitment Leadership Podcast, your host, Alison Humphries is joined by Adam Kay, Partner at Saffery Champness. 

With over 20 years of experience advising recruitment firms on their tax and financial matters, Adam joins Alison to offer his expertise to any recruitment business leaders running rapidly scaling organisations, or those who aspire to be. 

In this exclusive episode, Adam provides actionable advice on how to make your exit plan a priority from the very start, the do’s and don’ts of Employee Share Schemes and the pitfalls of the SEIS/EIS schemes. 

This episode is part of our insightful series centred around leadership - if you are seeking actionable advice on how to lead a recruitment business through the current economic uncertainty, this episode is a must-listen! 

Timestamped guide: 

00:45 - Introduction to Adam

03:38 - What size does a business have to be for there to actually be a market of buyers for it?

07:59 - How valuations are done - multiple and how calculations are done

14:37 - Impact of liability on value

16:02 - What would you anticipate would happen to valuations of recruitment businesses over the course of the next year?

17:38 - Can you explain the tax treatment of a business sale and if you think there are likely to be changes?

21:13 - What are the main considerations for an owner when setting up employee share schemes?

28:03 - Employee Ownership Trusts are a means of exit that’s becoming more talked about - what are the advantages and disadvantages?

34:18 - What is involved in raising funding through Enterprise Investment Schemes and Seed Enterprise Investment Schemes?

If you would like to connect with Adam and find out more about Saffery Champness, please see below: 

👤https://bit.ly/3WlHsvl 

💻https://bit.ly/3FEbvc5 

Interested in speaking to Alison about your business strategy? Get in touch, today!