Employee ownership as business succession strategy
Summary
With over half of small business owners 55 or older and few finding buyers, Project Equity proposes converting businesses to worker co-ops, employee ownership trusts, or ESOPs to save local jobs and keep wealth in the community. The commission may bring a fuller workshop to Daly City businesses if email outreach shows interest.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 8, 2026.
Impact analysis
Free consultations are offered; feasibility studies run $8,000–$12,000 and transitions $35,000–$65,000, with cities like Berkeley having subsidized costs for local businesses.
Retiring business owners seeking to preserve their legacy, their employees, and workers historically locked out of wealth-building.
Mentions & discussions (1)
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