KentuckyNewsProject Equity

Training available for retiring business owners in Morehead

From the Morehead News:

More than 26,000 Kentucky businesses, employing more than 300,000 people, are owned by baby boomers, many of whom have not identified the next generation of ownership and could be at risk of closing their businesses when they retire. Transitioning to a form of employee ownership could keep these businesses thriving and locally-owned. The Mountain Association for Community Economic Development (MACED) and Kentucky Center for Agriculture and Rural Development (KCARD) are partnering to offer training about this critical challenge. The training will be in Morehead on Tuesday, April 30. Presented by Project Equity, the workshop will explore worker-owned cooperatives and other employee-owned models, as well as best practices in helping businesses transition to employee ownership.

Get the full story here:

https://www.themoreheadnews.com/news/training-available-for-retiring-business-owners-in-morehead/article_764baa70-5b96-11e9-bdd7-e7900a038711.html