Spirit Vision Films has just signed a contract with the Northwest Cooperative Development Center in Olympia, Washington to create 8 training video modules for their upcoming Legacy Project.
This project is focused on the baby boom generation that includes at least seven million owners of privately held businesses, many of whom will want to sell or liquidate their businesses in the next two decades.
One succession strategy is for small business owners to sell their businesses to their employees by converting to a worker-cooperative ownership model. This model gives owners a viable exit strategy, offers opportunities for rural workers to retain their jobs, and allows for retention of local ownership.
The modules will give a step by step instruction on how this is accomplished.
The filming starts in the middle of May and the modules should be available by the middle of June. Should be fun!
The NWCDC’s website is http://www.nwcdc.coop for more information and will be the home of their new modules. Check them out.