Exploring Employee Ownership & Succession Strategies for Small Businesses

Please join us to explore succession planning and dive into how selling to the employees can be utilized to increase employee recruitment & retention, protect jobs, increase community wealth, and create a more vibrant, inclusive economy. The North Carolina Employee Ownership Center (NCEOC) will be conducting this workshop on succession planning for privately held businesses. • Business owners have put a lot of hard work into their businesses, and many of them are looking to retire or move on to something new. • Only a small percentage of businesses are passed down from generation to generation, and 80% of businesses never even sell. • Selling to one’s employees ensures that the owner gets fair market value for their business and their employees keep their jobs.

Speaker(s): Luke Hoffman, NCEOC North Carolina Employee Ownership Center

Co-Sponsor(s):

Fee: No Cost