Employee Ownership 101
Employee ownership is a possibility
More than 50% of small business owners do not have a plan for their businesses when they retire. Business owners have many options, including passing their business to family members, selling to management team or investors, or selling to employees. There are thousands of successful, thriving, employee-owned businesses across the U.S and most are more successful than they were when they were privately-owned.
Employee ownership can be the right solution
In addition to providing a tax-preferred exit strategy for selling shareholders, employee ownership has many other benefits, including:
Which employee ownership model is the right fit for your business?
EOTs are owned by a perpetual trust requiring all profits, aside from what is needed for reinvestment, go to the employees.
Worker-owned cooperatives are a democratic business model where workers share ownership and decision-making for the business.
Free Download: Transitioning to Employee Ownership
This toolkit helps business owners understand the basics of the employee ownership business model and the necessary steps to transition to employee ownership. Created in partnership with local leaders and experts in employee ownership, this incredible resource contains detailed information to help small businesses throughout the phases of their transition. Complete the form below to download the toolkit.
Sign up for our newsletter
Get the most up-to-date information, events, and resources to help you convert, start, grow, and finance an employee-owned business.