This article describes in-depth the difference between Employee Stock Ownership Plans and worker cooperatives as well as the difference between worker cooperatives and unions. In addition, it details how worker cooperatives function and how they are different from traditional companies. The example is about breweries, but the concept applies to any industry.…Continue
Posted on May 13, 2019 at 10:30am
The Tax Cuts and Jobs Act of 2017 provides a new way to shelter capital gains when you convert your traditional business to a worker cooperative. Actually, it works for any realized capital gain.
Posted on May 3, 2019 at 2:47pm
Forbes has provided a great primer on Community Development Financial Institutions (CDFIs). They are not just for startups. They also work when you want to convert your traditional business to a worker cooperative.
Posted on May 3, 2019 at 2:43pm
The assumptions you make about the value of your business are far more likely to kill your sale than a lack of buyers. Buyers want to buy businesses but only if they have value. Does yours?
Posted on March 26, 2019 at 2:53pm