David C Barnett Small Business & Deal Making

Worker Co - Ops Finn Mauritzen

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Sinopsis

Connect with Finn online: http://www.fashion-worker.com/ Sign up for my email and learn more at https://www.DavidCBarnett.com Learn how to sell your own business at https://www.HowToSellMyOwnBusiness.com Related Article: ------------------------------------------ Well, let’s keep 2019 going with new things. This week I explore a new (to me) way of exiting a business. Sell it to your employees via forming a worker co-operative. I know very little about co-ops outside of the credit union, insurance companies and grocery stores that I see when driving around. Finn Mauritzen of www.fashion-worker.com joins me for a discussion on the different types of co-ops and how business owners can use this as a vehicle for exiting a business. Of course, I asked some important questions like: • If everyone is an owner, how does someone get fired? • Do the managers earn more? • Can a worker/owner sell his portion to someone else? • Etc. It was a great and informative conversation and I know you’ll learn something new a