Most retiring business owners are surprised to discover how hard it can be to find a buyer for their business. Employee ownership is a way for a retiring owner to create a buyer for the business. The most common ways to do this are to sell the business to a co-op formed by the employees or sell it to an employee stock ownership plan (an ESOP). Both methods pay the owner a fair market price for their business while preserving the jobs and legacy created by the business.
At this information seminar you will hear directly from business people who have experience with ESOPs and co-ops and learn how to decide if this is the best option for you.
RSVP by calling or e-mailing David Hincapie at the Small Business Administration at 202-205-7258 or firstname.lastname@example.org.