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This class covers the basics of the Cooperative Business Model and opportunities for owners to sell a business to the employees.

Local Cooperative expert Annelies Lottmann, a cooperative development specialist, will begin with the basics of the cooperative model and cooperative principles and talk through the practical ways that these core values operate in the context of worker-ownership. This course is designed to give participants knowledge and tools to consider whether conversion to co-op could be right for their business or workplace. The class will include: Conversion to a cooperative happens when a small business owner sells it to the employees. With this powerful succession tool, small businesses can remain open and stable upon an owner’s retirement. In addition, worker-owners have the opportunity to emerge as leaders and build equity in the business.

  • Cooperative Values
  • Case Studies of Successful Conversions
  • Steps and Timeline for Conversion

Class attendees will have the opportunity to schedule FREE coaching and consulting with the instructor and other co-op experts. Este webinar es gratuito y se presentará en inglés con interpretación al español. This webinar is free and will be presented in English with Spanish language interpretation.

The City of Austin is committed to compliance with the Americans with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request - including translation and interpretation services. For assistance, please contact the Economic Development Department at 512-974-7819. The City receives and accepts Video Relay Service (VRS) calls from people who are Deaf or hard-of-hearing through Relay Texas 7-1-1.

 

Free to attend.

Register for Introduction to Cooperatives: Converting your Small Business to a Co-op

Virtual Event

United States

City of Austin Small Business Division