On Selling Your Small Business: Creating a Buyer through Employee Ownership

Washington Metropolitan Area District Office - February 2019

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How to Sell Your Small Business to Those Who Already ARE Your Small Business

Most Retiring Business Owners are surprised to learn how difficult it can be to sell their company. In fact, only 20% of firms on the market end up finding a successful buyer.

One way for a retiring owner to create a buyer for their business is through employee ownership. The most common methods to do this are to sell the business to a co-op formed by the employees or to sell it to an employee stock ownership plan (ESOP).

Both options pay the owner a fair market price for their business, all while preserving the jobs and the legacy created by the business owner.

At this information seminar, you will hear directly from business owners who have experience with ESOPs and co-ops. Attend this FREE information session and learn how to decide what may be the best option for you.

WHEN:     Friday, March 22, 2019 from 8:00am to 9:30am

WHERE:  Mid South Building Supply, Inc. (a 100% employee-owned firm)

                 7941-1 Woodruff Court

                 Springfield, VA 22151

HOW:       Click on the link below to register.

QUESTIONS? Please call David Hincapie, Economic Development Specialist with the SBA’s Washington Metropolitan Area District Office, at 202-205-7258.

Click for FREE Registration