Employee ownership as business succession strategy
Daly City
Summary
With over half of small business owners 55 or older and few finding buyers, Project Equity proposes converting businesses to worker co-ops, employee ownership trusts, or ESOPs to save local jobs and keep wealth in the community. The commission may bring a fuller workshop to Daly City businesses if email outreach shows interest.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 8, 2026.
Impact analysis
Free consultations are offered; feasibility studies run $8,000–$12,000 and transitions $35,000–$65,000, with cities like Berkeley having subsidized costs for local businesses.
Retiring business owners seeking to preserve their legacy, their employees, and workers historically locked out of wealth-building.
Mentions & discussions (1)
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