Employee Ownership Could Be Best for Your Business

KENT, Ohio — As small-business owners get older and rethink their futures, as well as the prospects for the companies they spent lifetimes building, the Ohio Employee Ownership Center at Kent State University can start them on a path toward retirement.

The center works with business owners considering succession plans, including those seeking answers on matters such as how to begin the transition to employee ownership.

“If you want to see the business continue and remain independent and be a part of the community in which it is located, then employee ownership can be an option for you,” says Chris Cooper, director of the Ohio Employee Ownership Center.

Copyright 2023 The Business Journal, Youngstown, Ohio.