Whether for those that were spared the worst or those on the edge of survival, the most plausible option for saving businesses and jobs is often an employee buyout. Ideally, a larger group of workers could form a cooperative to buy the business, but it may be one or two entrepreneurial employees willing to take over. The point is, the workers whose jobs are at stake are also the best positioned to “keep the lights on.”
Small businesses are struggling. Workers can be the solution.
Posted in Links, Public Policy and Advocacy.