Many small business owners are seeing an inside sale to an employee cooperative as the best option for their succession and exit planning. Employees often understand the business better than an outside buyer, can carry on the founder’s vision and values, and - with the support of a mission-driven lender - can offer a competitive buyout offer. Small business employee ownership can meet seller’s financial goals, and at the same time retain local jobs. Learn from a new study of 20 small businesses in the Northeast that recently sold their company to a cooperative, including case studies and trends illustrating how the legal, financial, and organizational transitions take place.
--