85% of business owners have no succession plan. 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. More and more owners are selling
Change the way business changes hands. Plan your succession on your terms through worker ownership.
The North Star brings worker-owners of Black co-ops together to get rooted in Black cooperative history and thought to build a future of Black wealth.
ORF is a community resource gifting $50 million to Black folks in MN, ND, and SD in order to create tangible pathways to liberation, prosperity, and healing on our own terms.