Employee Ownership as a Business Exit Option

In this episode of Poised for Exit, Steve Storkan, Executive Director at The Employee Ownership Expansion Network, discusses how employee ownership is gaining traction as a business exit strategy. He shares the growth of employee ownership across the U.S. and explains why more business owners are considering it as part of their transition planning.Steve breaks down how increased awareness, new sources of capital, and impact investing are making employee ownership more accessible. He also highlights research showing the significant wealth created for employees through these models, along with the flexibility and legacy benefits for business owners.This conversation explores the different forms of employee ownership, including ESOPs, and what makes a company a good fit. Steve also emphasizes the importance of having the right advisors and ensuring strong financial feasibility when considering this path.This episode offers a practical look at how employee ownership can support both successful exits and long-term business continuity. Connect with Steve Storkan hereLearn more about The Employee Ownership Expansion Network hereConnect with Julie Keyes, Keyestrategies LLCFounder, Consultant, Author, Pod-caster and Instructor