March 2021
“Who has time to run a company and figure out how to transition it at the same time?” When it comes time to retire, a lot of small business owners struggle to find an exit strategy that benefits them and their employees.Should you close the doors? Sell to another company? Promote from within and train another employee… Continue reading This Design Firm Found the Perfect Transition Strategy by Converting to a Worker Cooperative
When you’re wondering what’s next for your business, an ESOP is an important option to consider. Rather than going about “business as usual,” an ESOP can enable you to cultivate the right kind of relationship to your business, your employees, and your own life. At their core, ESOPs are a method of promoting employee ownership… Continue reading What Is an ESOP and How Does It Work?