The Ohio Employee Ownership Center (OEOC) is a nonprofit outreach center at Kent State University. Established in 1987, we provide support and assistance for business owners interested in selling their business to their employees; technical support for entrepreneurs interested in creating a start-up employee-owned business; training and education programs for existing employee-owned companies through Ohio's Employee-owned Network; and perform research and outreach regarding employee-ownership and its impact on our communities.
Succession planning can be a technically and emotionally overwhelming process. We have a proven track record of assisting business owners in developing succession plans, assisting over 700 owners over the past 25 years. We put the business owner first and ensure their goals and objectives are met.
Employee ownership presents unique challenges and opportunities for companies. Our education & training available to all companies is designed to unlock the power of employee-ownership. Network members receive additional discounts and benefits.
In the US, employee ownership can be implemented using different models, be it an ESOP, worker cooperative, or employee ownership trust. Core to our mission as a university-based center is raising awareness about how different models of employee ownership benefit individuals, companies, and communities.
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