{"id":11553,"date":"2017-08-21T06:07:53","date_gmt":"2017-08-21T11:07:53","guid":{"rendered":"http:\/\/smallbizsurvival.com\/?p=11553"},"modified":"2017-08-09T15:37:43","modified_gmt":"2017-08-09T20:37:43","slug":"who-will-run-small-town-businesses-when-the-owners-retire-one-unusual-option-you-may-not-have-considered","status":"publish","type":"post","link":"https:\/\/smallbizsurvival.com\/2017\/08\/who-will-run-small-town-businesses-when-the-owners-retire-one-unusual-option-you-may-not-have-considered.html","title":{"rendered":"Who will run small town businesses when the owners retire? One unusual option you may not have considered"},"content":{"rendered":"<div id=\"attachment_4424\" style=\"width: 510px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-4424\" class=\"wp-image-4424 size-full\" src=\"https:\/\/smallbizsurvival.com\/wp-content\/uploads\/2013\/06\/Don.jpg\" alt=\"Don stands in front of colorful paint samples.\" width=\"500\" height=\"281\" srcset=\"https:\/\/smallbizsurvival.com\/wp-content\/uploads\/2013\/06\/Don.jpg 500w, https:\/\/smallbizsurvival.com\/wp-content\/uploads\/2013\/06\/Don-300x168.jpg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><p id=\"caption-attachment-4424\" class=\"wp-caption-text\">How many white-haired business owners are there in your small town? Does that worry you?\u00a0<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>It&#8217;s already happening. Older business owners are retiring and closing businesses because they can&#8217;t find buyers. Universities and business support agencies are scrambling to set up succession planning courses and workshops. Chambers of commerce are making desperate efforts to find buyers. But there&#8217;s an unusual option most people overlook: employee ownership.<\/p>\n<p>If the business is big enough to have employees, it&#8217;s a candidate for employee ownership. There are other benefits besides continuity. There&#8217;s increased employee involvement, spreading of economic opportunity, and a future that doesn&#8217;t depend on one owner.<\/p>\n<p>Learn all the basics and many options for how to get there at this <a href=\"http:\/\/www.nceo.org\/employee-ownership\/id\/12\/\">introduction to employee ownership from the National Center for Employee Ownership<\/a>.<\/p>\n<p><em>New to SmallBizSurvival.com? Take the\u00a0<a href=\"https:\/\/smallbizsurvival.com\/guided-tour.html\">Guided Tour<\/a>. Like what you see?\u00a0<a href=\"https:\/\/smallbizsurvival.com\/get-updates.html\">Get our updates<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; It&#8217;s already happening. Older business owners are retiring and closing businesses because they can&#8217;t find buyers. Universities and business support agencies are scrambling to set up succession planning courses and workshops. Chambers of commerce are making desperate efforts to find buyers. But there&#8217;s an unusual option most people overlook: employee ownership. If the business [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":4424,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[10,3,164,8],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/smallbizsurvival.com\/wp-content\/uploads\/2013\/06\/Don.jpg","_links":{"self":[{"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/posts\/11553"}],"collection":[{"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/comments?post=11553"}],"version-history":[{"count":2,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/posts\/11553\/revisions"}],"predecessor-version":[{"id":11555,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/posts\/11553\/revisions\/11555"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/media\/4424"}],"wp:attachment":[{"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/media?parent=11553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/categories?post=11553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/tags?post=11553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}