Worker-Owned Detroit
An Equitable Succession Option for Mature Small Businesses
Thinking about retiring or scaling back your hours?
Find out if selling to your employees is right for you.
Security
The majority of small business owners net worth is tied up in their company yet most do not have a succession plan in place. A worker to owner transition can guarantee you financial security for your life’s work.
Resiliency
Worker owned cooperatives are more resilient on average than conventional businesses. Worker owners are more committed to their workplaces because when the business does well, they also reap the benefits resulting in more productivity and less employee turnover.
Legacy
Smaller companies, including family owned businesses, can experience difficulty transferring ownership. Worker ownership protects the legacy you have built, while continuing to build value for the business and maintain continuity for your customers and employees for years to come.
Worker-Owned Detroit Program is an initiative led by Detroit Community Wealth Fund, a financial lender and cooperative business developer.
