Recorded on: Wednesday, November 18, 2020
Project Equity, in association with the City of San Francisco Office of Economic and Workforce Development and San Francisco’s Small Business Development Center, invited San Francisco business owners to a webinar to learn how employee ownership is a succession strategy to consider.
In this webinar, we heard from about the benefits of employee ownership from Donna Sky and Miyaka Cochrane from Project Equity
Employee ownership increases engagement, dedication and ingenuity, which are key to business success, especially during this uncertain time.
EMPLOYEE OWNERSHIP PROVIDES MANY BENEFITS TO THE BUSINESS AND THE OWNER
*Preserves legacy in the community
*Provides fair sales price
*Owner can stay involved if desired following the sale
*Creates more worker stability and lowers turnover
*Grows employee engagement and productivity
