Considering Selling Your Business?
We understand that selling a business you've built is challenging. With over 40% of business owners being baby boomers aged 55 or older, succession planning has become increasingly important. However, less than 30% of businesses transition within families, and only 20% are sold externally. This leaves many owners seeking viable exit strategies that honor their hard work and sustain their company's future.
Why Opt for Employee Ownership?
Selling your company to your employees doesn't mean compromising on value or immediate departure. In fact, employee-owned businesses often outperform traditional companies, with studies showing they can perform 30% better. By choosing this path, you can:
Receive Fair Market Value: Ensure you get the true worth of your business.
Preserve Your Legacy: Maintain the culture and mission you've cultivated over the years.
Enjoy Tax Benefits: Take advantage of potential tax incentives associated with employee ownership transitions.
Retain Valued Employees: Empower your staff, leading to increased loyalty and reduced turnover.
Advantages of Employee Ownership
For the Company
Higher Profit Margins: Employee-owned companies often see an 8.5% increase in profit margins.
Accelerated Growth: Experience 5% faster annual growth in sales and employment.
Increased Longevity: Employee-owned firms are 25% more likely to survive than traditional ones.
For Employees
Wealth Accumulation: Employee owners typically have a higher median household wealth.
Higher Income: Enjoy a 33% increase in median income across all wage levels.
Improved Working Conditions: Benefit from better workplace environments and job security.
For Selling Owners
Succession Planning: Establish a clear path for the future leadership of your company.
Legacy Preservation: Ensure your company's values and mission continue.
Employee Reward and Retention: Recognize and retain the employees who've contributed to your success.
for the Economy
Local Wealth Retention: Employee-owned businesses help keep wealth within the local community.
Addressing Inequality: Contribute to reducing the wealth gap and promoting economic equality.
Employment Boost: Support job creation and economic stability in your area.
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