For Some, Worker Cooperatives Emerge As An Alternative To ESOPs

Everybody knows that members of the Baby Boomer generation have begun retiring. But it’s the pace at which those folks are leaving the workforce – some 10,000 people will turn 65 every day for the next 19 years! – that promises to have an impact on local economies across the country. After all, some 12 million businesses owned by Baby Boomers across the country are expected to change hands over the next 15 years. But what happens to a small business, and eventually the community it operate...