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Steps to Converting your Business to Employee Ownership

CONVERSION ROADMAP

STEP ONE

Explore the fit

Conduct initial learning to understand fit of broad-based democratic ownership with owner and employee goals, and the future success of the business.

Assess the financial feasibility

Run the numbers to understand what scenarios are feasible. Assess employee interest, and develop a timeline and roadmap.

CONVERSION ROADMAP

STEP TWO

CONVERSION ROADMAP

STEP THREE

Structure the deal

Set up the legal structure(s). Line up financing. Design bylaws and governance. Define the selling owner’s role, and ensure solid management transitions. Engage, train and support employees.

Execute the sales agreement

Close on the financing and finalize bylaws and governance. Finalize plan for ongoing training and support.

CONVERSION ROADMAP

STEP FOUR

CONVERSION ROADMAP

STEP FIVE

Support an ownership culture

Implement training and support to ensure ongoing success.

Learn more

about the conversion process

Discover

how others did it

Sign Up

for a free consultation

Steps to Converting your Business to Employee Ownership

STEP ONE

EXPLORE THE FIT

Conduct initial learning to understand fit of broad-based democratic ownership with owner and employee goals, and the future success of the business.

READ CASE STUDIES >>

STEP TWO

ASSESS THE FINANCIAL FEASIBILITY

Run the numbers to understand what scenarios are feasible. Assess employee interest, and develop a timeline and roadmap.

LEARN ABOUT FINANCING >>

STEP THREE

STRUCTURE THE DEAL

Set up the legal structure(s). Line up financing. Design bylaws and governance. Define the selling owner’s role, and ensure solid management transitions. Engage, train and support employees.

LEARN ABOUT EMPLOYEE OWNERSHIP OPTIONS >>

STEP FOUR

EXECUTE THE SALES AGREEMENT

Close on the financing and finalize bylaws and governance. Finalize plan for ongoing training and support.

LEARN HOW PROJECT EQUITY CAN HELP >>

STEP FIVE

SUPPORT AN OWNERSHIP CULTURE

Implement training and support to ensure ongoing success.

LEARN MORE >>

Learn more

about the conversion process

Discover

how others did it

Sign Up

for a free consultation

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