Cooperative Conversions & Employee Buyouts

For small business owners considering their next steps during the time of COVID-19, or pondering ways to preserve their business legacy as they approach retirement, cooperative conversions - selling a business to its employees - are an increasingly compelling option to retain jobs and keep small businesses in their communities. Baltimore’s nonprofit cooperative lender, The Baltimore Roundtable for Economic Democracy, will lead you through the steps of this process, and answer questions about whether an employee buyout might be right for your business.