How to Convert Your Business to Employee Ownership

Event Details


Mon. April 24th 2017

6:00 PM - 9:00 PM

Joseph S. Murphy Institute
West 43rd Street Floor 18
New York, New York

Free Registration


This workshop will provide a detailed explanation of how to transform your business to employee ownership. The session will cover every stage of a conversion, including designing the employee ownership structure, obtaining a valuation of the company, deciding whether to conduct the transfer as a gift or sale, the key transactional documents, and the role of education and ownership culture. If time permits, the presenter will engage in an extensive Q&A. Participants will come away with a detailed understanding of the conversion process, which they might use at their own business, or in explaining the conversion process to business owners.

Facilitator:
Christopher Michael, Esq. is completing a JD/PhD in political science at the City University of New York with a focus on employee ownership, labor history, and trust law. Chris is general counsel at the ICA Group, the oldest U.S. nonprofit dedicated to employee ownership. He also founded the New York City and State business associations for employee-owned firms. He is currently a research associate at the Rutgers School of Management and Labor Relations.