Expanding Employee Ownership Nationwide

Explore how employee ownership transforms businesses and communities

Some employee-owned businesses start off with a cooperative structure, but many others start as conventional companies. The ICA Group can help you assess whether employee ownership is right for your business and help you through the conversion of your business to a worker cooperative.

For businesses outside our funded regions, ICA offers tailored employee ownership transition services on a fee-for-service basis.

For a free consultation, contact Allison Curtis, Business Conversions Program Director

Email: acurtis@icagroup.org
Office: 617.232.8765 x1118

Benefits of Employee Ownership

Allows owners to have control over the sale of business on a timeline and with terms that fit the owner’s financial needs.

Recognizes and rewards employees who have worked hard for the business, understand how it works, and are committed to long-term success.

Keeps jobs in the local community that might otherwise be lost if the business closes or is sold to a larger firm.

Ensures the legacy of a business, maintaining the culture, customer relationships, and flow of goods and services to the community.

Interested in transitioning to employee ownership? We engage a five-step process to support your business:
Establish goals
Assess Feasibility
Plan the transition
Complete the transition
Operate as
employee-owned

ICA will work with you to identify your financial goals and business needs and support you through the transition to employee ownership. We engage legal and financial experts to assist you with the process of selling your business, and provide continued support to ensure long-term success.

Massachusetts Small Business Support

The ICA Group provides business owners In Massachusetts with support for succession planning. If you are a Massachusetts business owner considering employee ownership (converting your company to a worker cooperative, ESOP, or other hybrid model) we can:

  • Help you identify your goals for exiting your business
  • Complete an initial valuation of your business
  • Assess whether a transition to employee ownership is financially and operationally feasible
  • Connect you with service providers who can assist you with a transition to the appropriate employee ownership model
Learn More

New York City

The ICA Group is part of the Worker Cooperative Business Development Initiative (WBCDI), a network of ten organizations charged with supporting the creation and development of worker cooperatives in NYC.  

ICA is able to provide free consultation services to business owners looking to transition their businesses to worker owned cooperatives. If you are a business owner based in NYC who is looking to sell your company, we can:

  • Help you identify your goals for exiting your business
  • Complete an initial valuation of your business
  • Assess whether a transition to employee ownership is financially and operationally feasible
  • Connect you with service providers who can assist you with a transition to the appropriate employee ownership model
For more information or to sign up for a free consultation under the NYC program, contact Khalif Nunnally-Rivera or call (646) 657-8950.
Schedule Meeting

Ready to Take the Next Step Toward Employee Ownership?

Discover how transitioning to employee ownership can transform your business and empower your team. Fill out the form below to schedule a free consultation and receive a complimentary report on business conversions to employee ownership. This comprehensive report provides key insights and actionable steps to help you navigate the journey toward shared prosperity and sustainable growth.

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Explore Our Resources

ICA develops tools and resources to support the financial and operational success of home care cooperatives.

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Explore all of our Resources
Guide
What is an ESOP?
Resource
July 10, 2024
Business Conversions
Guide
ESOP
employee ownership
research & reports
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Template
Modelo de Acuerdo de Mebresia
Resource
June 11, 2024
Template
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Template
Sample Membership Agreement
Resource
June 4, 2024
Template
membership
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Guide
Exit Planning Options Chart
Resource
June 3, 2024
Child Care
Guide
exit planning
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LevelUp Coops Workshop Series: The Social Media Compass
Event
May 7, 2024
worker cooperatives
workshops & webinars
new york/NYC
WCBDI
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Case Study
The Rose Garden Early Childhood Center
Resource
April 17, 2024
Child Care
Case Study
case study
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Connect with Us to Transform Your Business

Have questions about employee ownership or cooperative development? Whether you're exploring a business transition, starting a new cooperative, or seeking tailored solutions to strengthen your industry, our team is here to help. Let us guide you toward a more equitable and resilient future for your business and community.