Converting a company into an employee-owned company can be complex, but RMEOC has a step-by-step process to help you start and complete the conversion process.
80% of business owners who try to sell don’t find a owner
Many businesses end up restructured or re-sold. A sale to employees provides a built-in buyer, keeps the business going, and preserves its jobs and culture
EO VS Traditional Businesses
Employee Owners
Check out our Technical Assistance Funding for Rural Businesses!
Here are a few things to consider when you are interested in the idea of converting your company into an employee-owned business.
The Conversion process can vary depending on the condition of a company. Here is the standard process of employee ownership conversion that RMEOC provides.
MISSION ACCOMPLISHED
Converting to employee ownership offers both tangible and intangible benefits to everyone from the workers and selling owners to the company itself. Worker ownership is better for the environment, better for local communities, and a model for progress toward addressing social issues like racial and gender disparity in the workplace. RMEOC is devoted to advancing an economic agenda that works for everyone.
Interested in learning more about how employee ownership can benefit your business while creating a more inclusive economy?
Recommended Resources:
Colorado Employee-Owned Companies (RMEOC)
Employee Ownership by the Numbers (NCEO)
Colorado Employee Ownership Office (OEDIT)
Employee Ownership Resource Center (Fifty By Fifty)
Ensuring Your Legacy (ICA Group)