Employee-owned cooperatives: Basic concepts and potential solutions for your clients’ business succession challenges
- Online, Webinar
- Virtual
- December 14, 2023 @ 9:30 AM PST / 11:30 AM CST
Employee ownership is a proven strategy for your clients to:
- Receive market value for their business
- Preserve their legacy
- Retain & engage employees
Employee ownership has also been shown to strengthen business performance through:
- Lower turnover: Workers at employee-owned businesses have 46% longer job tenure than their peers in firms that are not employee-owned
- Higher productivity: Employee-owned enterprises reported productivity levels that were 9–19% higher than levels in traditionally structured similar businesses
- Higher profits: Employee-owned firms have an average profit margin almost 8.5% higher than the average private firm
- Employee-owned cooperatives can be established under current Iowa law
- Various traditional Iowa entities adaptable to employee-owned cooperatives
- Standard organizational documents modifiable to include cooperative principles
- Cooperative tax treatment eligibility when organized & operated on a cooperative basis
Join this free session to learn more about how to unlock the power of EO for your clients. Application has been made for 1 hour of CLE credit for this webinar and is hosted by Drake University Law School, the Iowa Center for Employee Ownership, the University of Northern Iowa, and Project Equity, a national nonprofit organization that offers free one-on-one advising to any business owner that wants to learn more and explore a transition to employee ownership.
Event details
Date
December 14, 2023
Time
9:30 AM PST / 11:30 AM CST
Venue
Virtual
Organizer
Drake University Law School, The Iowa Center for Employee Ownership, the University of Northern Iowa, and Project Equity