Employee ownership: protect your legacy even in challenging times (Thriving Together)

Employee ownership: protect your legacy even in challenging times (Thriving Together)

Wednesday, August 12, 2020 12:30pm to 2:30pm
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In the Thriving Together series we explore how your business can thrive despite the constantly changing conditions caused by the pandemic.

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Missed this webinar?

More useful follow up materials:

Ask for one-to-one consulting to explore the feasibility of selling your business to your employees: Leila Roberts, leila@northcoastsbdc.org

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Small business owners are facing tremendous challenges today and uncertain what tomorrow may bring. Some of you are wondering how this crisis will affect your business succession.

Employee buyouts can be a powerful succession strategy. They're also a strong way to sustain your legacy: employee owned businesses demonstrate better long-term resilience and performance.

Learn how selling to your employees benefits the exiting owner as well as the new owners. Come away with some practical next steps. Qualified North Coast SBDC clients may access a no-cost feasibility analysis for your business through Project Equity.

Project Equity’s business advisory experts will provide valuable information about employee buyouts as a succession or exit strategy. 

Learn how employee owned businesses have demonstrated resilience and performance as well as the benefits of:

  • Receiving a fair sale buyout while you control the pace
  • Sustaining your company's people and legacy
  • Keeping local small business and economies strong

The webinar will feature an interview with Karyn Lee-Thomas founder of Signature Coffee, Humboldt County's 32 year old fair trade coffee company with national sales and renown.

Learn more about North Coast SBDC's partner Project Equity and the case for selling your business to your employees.

Visit the recording and handouts from last week's webinar, Business Exit Strategies: Owner Readiness, to learn how to map your business value drivers and build an 'exit readiness checklist'.

Project Equity Instructors

Miyaka Cochrane

Project Equity Business Engagement and Partnership Manager

Miyaka is a multidisciplinary partnership manager who has spent time managing and growing businesses in food, accommodation, technology, and arts industries. In Texas he worked with small chain restaurant Freebirds to grow into a multi state brand by opening restaurants, implementing new procedures, and employee development. Returning to his home state of California, he transitioned into the accommodation tech world to help vacation home owners and managers expand their businesses through technology and partnerships. In 2017 he joined industry nonprofit HEDNA where he was elected and served on the Future Leaders board to shape the future of the industry. He studied ensemble based physical theatre at the Dell’ Arte International School, and continues to be active in the bay area theatre scene as an actor, clown, and puppeteer. He brings his skills of collaboration, communication, and problem solving from across industries to the business development team of Project Equity, working with partners and businesses to transition into employee owned business models.

Courtney Kemp

Project Equity Client Services Manager

Courtney is passionate about driving positive social, economic and environmental impact in local communities through supporting the operations of small businesses and social enterprises. Over the past five years as an impact investing and strategy consultant for nonprofits, foundations and private stakeholders, her work has spanned eight countries over four continents. Her experience has solidified her belief that shared prosperity powered by multi-sector solutions can positively impact underserved populations and the planet we all share. Courtney is based in the Pacific Northwest and is fluent in French. She holds a BA in Applied Political Economics from the University of Arizona, an MA in Policy from the Middlebury Institute of International Studies, and an MBA in Social Finance and Impact Management from Middlebury College. In her spare time, Courtney enjoys digging into a good book, exploring the outdoors, and traveling near and far.

Madison McLaughlin
707-445-9720
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Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA or HSU Sponsored Programs Foundation.