Employee ownership can offer a unique solution for many of your clients' challenges
As a business advisor you have likely had clients facing common challenges with succession planning or attempts to raise capital to grow their businesses. These can arise for a variety of reasons:
- Planned family succession is not desired by the next generation
- Failure to sell the business on the open market
- Inability to sell to a small group of employees because they were unable to raise the capital through traditional lenders
- Uncertainty about whether ESOP is a viable model for the size of their business
- Concern about jobs being cut in a third party acquisition
Employee ownership—where company ownership is transferred to employees for a fair price—can be the right solution for businesses facing these challenges.
Employee ownership is a proven exit strategy that has been successfully implemented by thousands of businesses across the United States. These employee-owned companies range in size from very small (10-20 employees) all the way up to Publix Super Markets at over 230,000 employees. It is an attractive option for business owners who want to ensure the continued success and legacy of their business while also providing for their employees.
By offering employee ownership as a choice, small business advisors can differentiate themselves in the marketplace and position themselves as experts, which can help them attract and retain clients.
Our educational products will give you an edge
Project Equity provides accredited employee ownership courses and certificate programs designed specifically for exit planners, CPAs, CFPs, wealth planners, attorneys and other advisors to small- and mid-sized businesses.
EO ExitPro 101 course
Learn about employee ownership as a tool to increase practice revenue and client retention
Certified Employee Ownership Advisor (CEOA) program
Explore employee ownership’s advantages and structures and how to leverage it to benefit clients in this 8-module online program
