Name: An Inside Exit: Selling a Business to Family, Managers, or the Employees
Start: 2025-02-07T11:30:00-05:00
End: 2025-02-07T13:00:00-05:00
Location: The Hub CoWorks

An Inside Exit: Selling a Business to Family, Managers, or the Employees

Learn the basics of how to assess and prepare for internal exit paths.
About this Event

Starting to think about ownership succession for your enterprise? For many business owners, the best option is to sell to those already involved in the business. In this session, you will learn the basics of how to assess and prepare for internal exit paths. Following an overview of general ownership succession principles and considerations, we will take a close look at three different ways of selling a business internally: to family members, to managers, and to the larger group of employees.

The event is free, but there are limited slots, so please register at your earliest convenience. The seminar is co-presented by Hub CoWorks at Rutland and the Vermont Employee Ownership Center.

This event will include a brief lunch at 11:30 - 12:00. The $9 ticket price will go towards the sandwiches that we will order and bring from Gill's Deli.

Presenter:

Matt Cropp has been with the organization since 2014, where he has developed deep expertise in employee ownership while serving in a variety of roles before becoming Executive Director. Matt received his MA in History from UVM in 2011, where he studied economic history and the origins of cooperative finance. He's involved on a volunteer basis with a number of co-op projects, including as a board member of two real estate co-ops, as chair of an investment club, and as a member of a credit union supervisory committee. Matt lives in the New North End of Burlington with his partner and their son.