Nexus Community Partners and the Saint Paul Area Chamber of Commerce (SPACC) are partnering to host an event to highlight options for retiring business owners to sell their enterprises to their employees. Businesses transitioning to employee ownership are a trending alternative in business succession.
Two thirds of small businesses listed for sale never sell, and only 15% are passed on to family members. Acquisitions by larger firms or out-of-state buyers often lead to layoffs and restructuring. But a local buyer may be closer than you think! Join Nexus Community Partners and SPACC for our upcoming event Next Generation Business Models: Exploring Benefits of Employee Ownership and find out why more and more employers are securing their company’s legacy by selling to the employees who helped to build it in the first place!
The event is an opportunity to learn from companies that have transitioned to employee ownership including Terra Firma Construction and Isthmus Engineering. We will also hear from industry experts including: Equal Exchange, Dorsey Whitney Law Firm, and Project Equity.
To register for the event, click here.
Here, is access to the Facebook Event.
Thursday, November 14, 2019 7:30 AM – 11:30 AM CST
Sunrise Banks – The Bridge
2525 Wabash Avenue
Saint Paul, MN 55114
Cost: $35.00, Breakfast included.
Keynote speaker : Ole Olson, Engineer, Isthmus Engineering & Manufacturing.
Agenda and panelists to be announced soon!