Using Employee Ownership In Your Business Succession Plan

Event description

Employee ownership is gaining attention as a powerful succession strategy for business owners who want to transition out while protecting the legacy they’ve built. Instead of selling to a competitor or private equity firm, employee ownership allows you to reward your team, maintain your company culture, and create a sustainable future for your business.

In this informative webinar, we’ll explore how employee ownership models—such as Employee Stock Ownership Plans (ESOPs) and worker cooperatives—can provide liquidity for owners while empowering employees to share in the company's success. You’ll gain a clear understanding of how these structures work and when they may be the right fit for your long-term transition goals.

We’ll also walk through the financial and tax advantages that make employee ownership an attractive option for many business owners planning their exit strategy. Whether you’re actively preparing for succession or simply exploring your options, this session will help you evaluate whether employee ownership aligns with your vision for the future of your business.

What You’ll Learn:

• The fundamentals of ESOPs, worker cooperatives, and other employee ownership models
• How employee ownership can support a successful business succession plan
• Key financial and tax advantages for business owners
• When employee ownership is a good fit for your company
• Important steps to evaluate and begin planning an employee ownership transition

Our presenter is Chris Cooper, Director | Ohio Employee Ownership Center | Kent State University