Employee Ownership Models

8/10 baby-boomer owned businesses has no succession plan. Nationally, less than 25% of businesses valued at less than $1M can find a buyer. We are living through the largest wealth transfer in human history. In this presentation, Jason Wiener explores the structures and mechanics of converting a small business to employee ownership. The presentation focuses on worker-owned cooperatives, public benefit corporations, distributed ownership LLCs, with mention of ESOPs and steward trust ownership, and discusses considerations for choosing the appropriate form. We discuss the steps and mechanics to convert a business to employee ownership. Attendees come away with awareness of the salient legal and business issues and steps involved. Click here to view the presentation.