Secure Your Legacy: selling your business to its workers
Obran Cooperative
Program · Months; starts with a conversation · For: Owners / executives
A succession route for small-business owners: sell to Obran, which converts the company to worker ownership under its cooperative holding structure. It is an alternative to an ESOP for businesses too small to set one up alone. Contact Obran directly to explore it.
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Problems it helps with
- I want to retire but I don't want my people to lose their jobs to a buyer
- My kids don't want the business and private equity would gut it
- I don't know if my company is the right size for employee ownership
- I've heard of ESOPs but they seem too expensive for us
What it covers
- How Obran acquires a business and converts it to a worker cooperative
- What happens to employees, leadership and the brand after the sale
- How workers become members of the holding cooperative
- Who to contact to start the conversation
Topics: Hiring, firing and transitions · Ownership models