The Search for a Good Exit: An Introduction to Ownership Succession Planning

News Story: 

The Lake Champlain Regional Chamber of Commerce (LCRCC) and the VEOC will present a free introduction to business ownership succession planning on Tuesday, February 19 from noon to 3:00 PM in the LCRCC offices at 60 Main Street in Burlington. 

The event will feature close looks at four different ways of selling a business: to an outsider, to family members, to managers and to the larger group of employees.  While some technical details will be explored, the focus will be on stories about each path, told by owners who have successfully sold their businesses. 

Workshop on Business Succession and Employee Ownership Coming to Gardener’s Supply in Burlington, Vermont on Dec. 5

News Story: 

VEOC is offering a free workshop entitled “Selling to the Employees: Employee Ownership as a Path for Business Succession” on Wednesday, December 5, 2012 from 2 to 5 PM in Gardener's Supply Company's administrative offices, 128 Intervale Road in Burlington, Vermont.  Founded in 1983, Gardener’s Supply Company serves millions of gardeners nationwide, and is 100% employee-owned through an Employee Stock Ownership Plan (ESOP). 

Annual Fall NE ESOP Conference

News Story: 

The New England Chapter of The ESOP Association is proud to present its flagship Annual Fall Conference at the Killington Grand Resort Hotel Thursday, October 11 – Friday, October 12, 2012.

Why Share the Fruits of Success with Employees?

News Story: 

Read this blog post from the Great Place to Work Institute.

Workshop on "Selling to the Employees" coming to Carris Reels in Proctor, Vermont on October 3

News Story: 

The VEOC is offering its latest free workshop, "Selling to the Employees: Employee Ownership as a Path for Business Succession” on Wednesday, October 3rd from 10:00 am to 2:00 pm in the offices of Carris Reels in Proctor, Vermont.  Carris Reels manufactures packaging for the wire and cable industry, and is 100% employee-owned through an Employee Stock Ownership Plan (ESOP).  Lunch is included, courtesy of our host!

Senator Sanders Introduces Bills to Support Employee Ownership

News Story: 

U.S. Senator Bernie Sanders of Vermont has introduced two pieces of legislation that could give an enormous boost to employee ownership in this country.

Basque co-operative Mondragon defies Spain slump

News Story: 

"Economic success stories are rare in recession hit Spain these days but one can be found in the small northern Basque town of Arrasate, nestling in rolling green hills."

Read more here.


Chelsea Green Publishing Becomes Employee-Owned

News Story: 

WHITE RIVER JUNCTION, VT — Independent book publisher Chelsea Green announced that it has become an employee-owned company, with close to 80 percent of its stock to be held by its employees.

The transaction, completed on June 29, allows a minority portion of the company’s privately held stock to be held by Ian and Margo Baldwin, who founded Chelsea Green in 1984 on the south green in Chelsea, Vermont. Margo Baldwin is currently the company’s president and publisher and will retain that role for the foreseeable future.


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