Why is employee ownership a great option?

Nearly 50% of California small business owners are baby boomers.

These long-term business owners are already starting to retire, and the need to prepare for succession is critical.

Cities like Berkeley, Fremont,  Long Beach and San Francisco are taking a proactive look at this issue and have partnered with Project Equity to assist businesses with succession options including employee ownership transitions.

Business owners may face a challenge as they approach retirement

As you explore your succession options, it’s important to examine all of your choices. While selling your business on the market might seem like the best choice, did you know that the vast majority of businesses put on the market don’t sell?

Rather than run the risk of closing down, consider selling your business to the people who know it best—your employees.   

The myths and the reality

Myths: Like many business owners, you may doubt that your employees can run your company, that they will want to buy it, or that they have the money to buy it. These are some of the myths that we can help you overcome.

Reality: The truth is that many California business owners are already enjoying the benefits of employee ownership as a succession plan that allows them to keep their legacy intact while retiring comfortably.

Industries we’ve served

Localities we’ve partnered with

Our goal is to keep businesses rooted in our community and local economy. We work with localties to help ensure that happens. In California, we partnered with the cities of San Francisco, Berkeley, Fremont, Long Beach, Santa Clara and the county of Los Angeles to help local businesses learn about the power of employee ownership.