Worker-Ownership Transitions
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 to those who know their business best—their employees. An employee buy-out gives you a competitive sales price, while securing a future for your legacy and the people who helped you build it.
Join over 7,000 employee-owned firms nationwide.
Happy Earth
Industry: Residential Cleaning
Employees: 20
“It’s a great chance to see hard working people get the equity they deserve.”
Zach Dennis, Dispatcher
A Slice of New York
Industry: Restaurant
Employees: 3
“It has been incredibly rewarding to give our employees the opportunity to own their own business.”
Kirk Vartan, Co-owner
Select Machine
Industry: Machinery
Employees: 13
“These are our guys, our family, and we wanted them to keep on working.”
Bill Sagaser, Co-founder
What kind of companies are best suited to become employee-owned?
5+ Employees
Engaged Employees
Strong Market Future
Worker ownership creates new possibilities for you, your business, employees and community.
For sellers:
A competitive sales price
Tax benefits
Leave a legacy
For employees:
Shared risks and rewards
Increased investment in business
Greater net worth and job security
For business:
Less turnover
Improved longevity
Financial stability
For communities:
Builds wealth
Anchors jobs locally
Expands ownership opportunities
How long does the process take?
Between 12-18 months, depending on readiness, speed of decision-making, and complexity of the sale.
Local partners
City of Minneapolis, City of Saint Paul, MNCEO
