“PISCATAWAY – The Rutgers School of Management and Labor Relations on Wednesday announced the launch of a new center to assist businesses exploring the prospect of employee ownership, a job-saving alternative to liquidation for the “Silver Tsunami” wave of retiring founders and entrepreneurs.
“Many business owners don’t realize they can sell the company to their employees instead of selling it to a private equity firm or closing up shop,” said Associate Professor Bill Castellano, executive director of the New Jersey/New York Center for Employee Ownership.”
“Selling to your employees saves their jobs and helps to keep the business and the local economy going.”
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http://www.mycentraljersey.com/story/money/business/2017/10/15/new-rutgers-center-aims-save-jobs-through-ew-rutgers-center-aims-save-jobs-through-employee-ownershi/755965001/
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