Price and capital gains tax avoidance are the biggest concerns for small business owners, right? Yes, until they realize that personal value also matter. Converting to worker cooperative practically guarantees that the new owner will not change everything, move production elsewhere or lay off all the workers. Don't sell your…Continue
Posted on October 15, 2019 at 10:19am
Exit planning for small business is different depending on what kind of business you own. Solopreneurs and serialpreneurs rarely need to worry about this. Their exit is more or less built into their business model. For the thousands of small business owners who may have a few to a few dozen employees, it is another matter. They need exit planning. Here is how:…Continue
Posted on September 30, 2019 at 2:33pm
Have you ever thought about starting your own business? You are not alone. Lots of people have, but never did. The most common excuses are that it is too hard or they don't have the skills and those are valid points if you have to go it alone. How about joining with others to share the responsibilities of ownership? We call that a worker cooperative.
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Posted on September 17, 2019 at 12:00pm