Selling to your employees as an Exit Plan for your business: Becoming an ESOP, Worker Cooperative, or EOT
Frank Cetera, Business Transfers Program Director from the Democracy at Work Institute (DAWI). During this consultation, Frank will help you understand the details of the employee ownership options, and your feasibility and readiness to explore them further, with actionable next steps.
Book a session with Frank Cetera. who has 15 years of experience in Senior Business Advisor.
Get advice on:
The differences between ESOPs, Worker Co-ops, and EOTs.
The current status of your business's profitability and feasibility for a conversion.
Your readiness as an owner to transition the business to the employees.
The readiness of your employees to become owners and governance for the business.
What your role could be post-conversion.
How long a conversion might take and what are the stages.
Finding Subject Matter Expert technical assistance providers and financing options.
Walk-ins welcome, but we suggest booking a slot to guarantee timing.
About Frank Cetera
Frank leads DAWI’s national work to build an infrastructure of support for business transitions to employee ownership. He comes to DAWI after 15 years as a Senior Business Advisor with the New York State Onondaga Small Business Development Center (SBDC) in Syracuse, NY where he lives and works today. At the SBDC, he held an Advanced Advisor Certification in the area of Employee Ownership, and, as founding Chair, led the America's SBDC Special Interest Section on Employee Ownership & Business Transitions. Frank holds a Masters of Science degree in Sustainable Systems from Slippery Rock University of Pennsylvania (along with a Masters of Forestry from the State University of New York). He practices his avocations for systems thinking and natural resources management as co-founder and President of the Alchemical Nursery Project, a 501(c)3 not-for-profit corporation that restores and stewards vacant urban land for "ecological landscapes and lifestyles", and as founder and resident of the Bitternut Urban Collective co-household which is currently transitioning itself into cooperative corporation community ownership. Frank has also served on the Board of Directors for the CDFI Syracuse Cooperative Federal Credit Union since 2010, and has led the organization as Chair since 2013.