Transforming Businesses – Transforming The Economy
Support rideshare drivers in Colorado! Rideshare drivers need to change Colorado’s transportation app law to allow them to launch their own driver-owned cooperative as an alternative to Uber and Lyft.
Whether you’re a business owner preparing to retire and wondering what the options are for your business to carry on, or you’re searching for a new way to do business that better aligns with your values, RMEOC is here to help you move your business forward through employee ownership.
We believe that our economy should work for everyone – and broad-based ownership is one of the most effective tools to make that happen. Employee ownership builds stronger businesses, creates better jobs, and helps develop more sustainable and resilient local economies — and it’s a powerful way to address racial and social inequality.
Better for Everyone
- A sale to employees provides a built-in buyer and preserves the business culture
- Employee-owned firms experience 5-10% higher growth in employment and sales
- Employee owners have 2.5x greater household wealth than traditional employees
- Employee owners are 4x less likely to be laid off during economic downturns
- ESOPs are 25% more likely to stay in business than traditional firms
- 90% of worker cooperatives are still in business after 5 years (compared to 20% of traditional firms)
Seeking alternatives can feel complicated – but you don’t have to go it alone. RMEOC leverages an experienced staff and a strong referral network of service providers to help you make a plan and guide you along every step of the way.
Here’s how we do it:
Sourcing Solutions
We help you explore employee ownership options, from ESOPs to worker co-ops and more, and choose the one that’s the best fit for you, your employees, and your business.
Implementation
We help you structure the employee-owned entity, devise the logistics of the sale, and refer you to knowledgeable legal and financial advisors along the way to guide and close the deal.
Education
We help employee owners understand their new roles to get the most out of the transition, and help create an ongoing culture of engagement for a more democratic and participatory workplace.
“Working with RMEOC was easy. They had answers, or they’d send us to people who did. This has been a really amazing process.”
–Jeremy Ferber, Director of Operations and Co-Owner, Flyin’ Miata
“I’m a context person; I need to dig in…RMEOC connected the dots for me. They make it (the concept of employee ownership) real as opposed to something you’re reading.”
–Clare White, Director of Corporate Strategy & Development and Employee Owner, Iron Woman Construction
“The best part [of working with RMEOC] was getting to the finish line. Now we’re official!”
-Brandon Naughton, Founding Member of Truce Media
The mission of the Rocky Mountain Employee Ownership Center (RMEOC) is to create a more just and sustainable economy through employee ownership. We work throughout Colorado to provide outreach, education, and technical assistance for businesses to become employee owned. We also work with existing employee-owned businesses, service providers, economic developers, investors, philanthropists, and policy makers to create a supportive ecosystem for employee-owned businesses to thrive.
Join us to create an economy that works for everyone!