We are hosting this webinar in partnership with Project Equity and Clallam EDC.
Register Here!
In this webinar, you will learn about employee ownership, and how it can be used to build a succession plan and a tool for employee retention and business resiliency.
With 50% of business owners nationwide at or near retirement and struggling to retain workers, employee ownership is a proven tool with a track record of strengthening business performance and resilience.
Employee ownership can offer:
- 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
- Greater resilience: In 2020, during COVID business shutdowns, employee-owned companies were less than half as likely to lay off employees and 6 times more likely to say they expected to make a full recovery
Project Equity offers free one-on-one advising to any business owner who wants to learn more and explore a transition to employee ownership. Project Equity can also provide working capital and transaction financing to businesses pursuing a partial or full transition to employee ownership.