Are you interested in selling your business?Selling your business is hard.Over 40% of all business owners are baby boomers who are 55 or older.Less than 30% of business transition occurs within families. Only 20% of businesses are sold.Selling your company to employees does not mean:You have to sell your company at a below- market rate.You have… Continue reading Colorado Employee-Owned Companies
Are you interested in selling your business?
Selling your business is hard.
Over 40% of all business owners are baby boomers who are 55 or older.
Less than 30% of business transition occurs within families.
Only 20% of businesses are sold.
Selling your company to employees does not mean:
You have to sell your company at a below- market rate.
You have to exit right away (You can be part of the employee-owned business)
The company will not perform better than now. Actually, an employee-owned business performs 30% better than a traditional company.
What benefits will you have?
You can sell your company at a market value.
You leave your legacy.
You get tax benefits.
You retain great employees.
BENEFITS FOR THE COMPANY
8.5% Higher profit margins of EO Companies
5% Faster annual growth for sales and employees
25% More likely to survive than traditional firms
90% of worker cooperatives stay in business after compared to 20% of conventional firms
Tax benefits
BENEFITS FOR EMPLOYEES
92% of employee owners have higher median household wealth
33% higher median income from overall wages at all wage levels