Worker-owned businesses have been shown to outperform traditional business.

  • Studies show an average of 2.4% higher growth in sales and 2.3% higher productivity, as well as lower failure rates than traditional corporations and small businesses.

  • Worker-owned businesses have lower turnover and therefore reduced training costs.

  • Worker ownership encourages greater commitment to quality and innovation within the workforce, resulting in worker-owners who are more engaged in the success of the business.

Below is a breakdown of the advantages of worker-owned cooperative businesses for business owners, workers and the community.

 

For retiring business owners

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  • Capture fair-market value while benefiting from tax advantages

  • Tap into our low-cost financing to bring the sale within reach

  • Enjoy flexibility in crafting the desired exit strategy and timing

  • Anchor your business in the community

  • Preserve good, stable jobs as part of your business legacy

For your former employees

  • Create a climate of camaraderie, dignity and respect

  • Allow worker-owners to control their working conditions and make business decisions, such as providing salary and benefits that exceed industry standards and choosing to preserve jobs in a downturn

  • Develop skills in leadership, group decision-making, and business acumen

For our economy — for our community

  • Retain jobs and anchor your business in the community

  • Strengthen and stabilize the local economy

  • Boost your impact when revenue is spent locally

  • Build social capital through leadership, democratic processes, and a firm commitment to community’s wellbeing

  • Promote greater equity across race and class when ownership is shared