Recorded August, 2015
Are you a business owner thinking about succession planning? Or are you wanting to support locally-owned businesses to stay in their communities? Project Equity and the National Center for Employee Ownership offer this webinar to share essential information on important succession planning options available to business owners through employee ownership. We will review the main features of employee stock ownership plans (ESOPs) and worker-owned cooperatives, and will discuss the benefits and distinctions of each, including resources for how to learn more, and how to get support.
For business owners who want to see their businesses remain in their communities, want their employees to be well taken care of when they retire or sell their business, and who want their mission and the core strengths of their business to remain intact, employee ownership is a great fit.
Project Equity is a nonprofit that supports businesses that want to transition to worker coops. We recently released a set of a dozen case studies to demonstrate the nuts and bolts of how worker coop conversions work, and a companion, downloadable PDF CASE STUDIES: Business Conversions to Worker Cooperatives, Insights and Readiness Factors for owners and employees. Project Equity is launching a Business Incubator in the Fall of 2015 to support businesses owners and their workers to transition to worker ownership.
The National Center for Employee Ownership (NCEO) is a self-sustaining nonprofit membership organization that provides practical resources and objective, reliable information on employee stock ownership plans (ESOPs), equity compensation plans, and ownership culture. We are the main publisher and research source in the field, hold dozens of Webinars and in-person meetings annually, and provide services to our thousands of members and others.
Timothy Garbinsky is the outreach coordinator at the National Center for Employee Ownership (NCEO), a nonprofit membership and research organization dedicated to providing the most objective and reliable information possible on employee ownership. As outreach coordinator, Tim is responsible for managing the marketing and outreach efforts of the NCEO, from the recruitment of volunteers to working with allied organizations, to creative project design and press communication. Originally from Maryland, Tim has worked as a creative and educator on three continents over the past five years. He earned his B.A. from Duke University in 2009.
Rob Brown is the Director of Cooperative Development Institute’s Business Ownership Solutions (BOS) program. BOS promotes worker ownership in Maine and works with retiring business owners and their employees to facilitate conversion to worker-owned cooperatives. He has also organized mobile home park residents to convert investor-owned parks into resident-owned cooperatives and is currently a DAWI fellow.
Alison Lingane started her career designing and leading micro-enterprise programs for urban youth. While getting her MBA at UC Berkeley’s Haas School of Business, she co-founded the Global Social Venture Competition, the first and largest business plan competition for mission-driven businesses, now with entrants from 40 countries. Prior to co-founding Project Equity, Alison spent 15 years in leadership roles at education-based social ventures, including Benetech, GreatSchools and InsideTrack, a scaled services company that has delivered 1:1 coaching to over 1 million college students, achieving measurable increases in college completion rates. Alison recently authored the white paper CASE STUDIES: Business Conversions to Worker Cooperatives, Insights and Readiness Factors for owners and employees. Alison received her undergraduate degree from Harvard.