TALK TO A PROFESSIONAL

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  • Accounting

    Accountants help employee-owned companies manage financial reporting, valuation, compliance, and ownership structures to ensure the business stays financially sound while fairly tracking and allocating employee ownership stakes.


    Doeren Mayhew


    https://www.doeren.com/

  • Business Apprasial

    Business appraisals determine the fair market value of the company for ownership transactions, while feasibility studies assess whether transitioning to employee ownership is financially and operationally viable.



    hhughes@prairiecap.com

  • Capital Raising/Lending

    Capital lending provides the financing employee-owned companies need to fund ownership transitions, buyouts, and growth while maintaining stability and cash flow.


  • Feasibility & Employee Ownership Structure

    Feasibility experts evaluate whether employee ownership will work for a business, while employee ownership structure specialists design the legal and financial frameworks that make the transition sustainable and equitable.



  • Insurance - Business & Fiduciary

    Business and fiduciary insurance protects employee-owned companies and their leaders from financial risk by covering liabilities related to governance decisions, fiduciary responsibilities, and ownership plan management.



    Kapnick Insurance 

  • Leadership Development

    Leadership development equips managers and employee-owners with the skills, mindset, and accountability needed to lead effectively, strengthen ownership culture, and drive long-term company performance.


    Synergistic Systems 

    Evoke Leadership


  • Legal Counsel

    Legal counsel structures and oversees the legal aspects of employee ownership, including ownership transitions, compliance, governance documents, and protecting the company and employee-owners from legal and regulatory risk.


  • Trustee/Fiduciary

    A trustee/fiduciary oversees the employee ownership plan and is legally responsible for protecting the financial interests of employee-owners by ensuring fair valuation, proper governance, and compliance; in most formal structures like ESOPs they are required, while in simpler ownership models a comparable fiduciary role is still needed even if not formally designated as a trustee.



  • Worker Cooperatives

    The Detroit Cooperative Directory highlights a diverse ecosystem of worker-owned businesses and collectives across the city, spanning industries like food systems, childcare, retail, healthcare, technology, and the creative economy. These organizations demonstrate how cooperative and employee ownership models are being used to build community wealth, expand opportunity, and reimagine what business ownership looks like in Detroit.


    A worker cooperative is a business owned and governed by its employees, where workers have an equal say in major decisions and share in the company’s profits based on agreed rules, aligning ownership, control, and economic benefit with the people doing the work.



    Legal & Governance Resources


    Legal education, templates, and guidance for forming and governing cooperatives.

    Technical Assistance & Cooperative Development


    Supports co-op conversions, capital structuring, and employee ownership transitions.


    Provides feasibility studies, business planning, and hands-on cooperative development support in Michigan.


    National network of cooperative developers offering technical assistance and referrals, including Midwest expertise.

    Policy, Research & Education


    Research and policy analysis on local economic systems, governance, and ownership models.

    National Worker Cooperative Network




  • Direct Employee Ownership

    Direct employee ownership gives employees a personal, individual stake in the company—so they directly share in profits, value growth, and decision-making, aligning their incentives with the business’s success.


    Hive Ownership 

  • Employee Ownership Trust's

    An employee ownership trust is a structure where a trust holds a controlling stake in a company on behalf of its employees, ensuring long-term employee ownership while distributing profits and benefits to workers according to the trust’s rules rather than individual shareholding.


    Common Trust – Sandra Raafat – sandra@common-trust.com


    PTON (Purpose Trust Ownership Network) – https://trustownership.org

  • Data Analytics

    Employee Owned companies can utilize their data to help turn complex business data into clear dashboards and insights that align teams, track performance, and drive better decision-making.


    Deanalytics 


  • Valuation Services

    Valuation experts are essential in employee ownership because they determine the fair market value of the business, ensuring the transaction is financially sound, compliant with regulations, and fair to both the selling owner and the employee-owners.




  • Lending

    These resources help businesses access the capital and financing needed to support employee ownership transitions, including buyouts and growth. By connecting companies to lenders, advisors, and specialized funding programs, they play a critical role in ensuring transactions are financially feasible, well-structured, and positioned for long-term success.


  • After Transition resources

    These organizations support companies after they become employee-owned by providing ongoing education, coaching, and tools that reinforce ownership culture and keep teams aligned. Through leadership development, performance tracking, and employee engagement strategies, they help businesses stay on track, build informed employee-owners, and sustain long-term success.

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