Capstan
Helping businesses transition to employee and community ownership
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capstan - ˈkapst(ə)n - noun
a broad revolving cylinder used for winding a rope or cable, pushed round by levers.
used by a small group of people to apply enormous force in a precise direction.
Helping business owners sell businesses to employees
Helping business owners sell businesses to employees
Transitioning to employee ownership is a great way build a legacy. Employee owned businesses stay in our communities and strengthen the local economy. Strong local businesses provide quality jobs and preserve a company’s history while making the community stronger.
Employee/Community owned businesses
retain and secure employees better than privately owned enterprises
maintain the legacy of founders and business history better than 3rd party buyers
facilitates staff empowerment and loyalty, leading to greater business tenacity and efficiency
Support local communities by providing local jobs
provide a viable business succession model
How we can help
Provide a feasibility assessment and recommendation report for any business
Provide introductions to support organizations to fill any skills gaps that may exist
Work directly with employee group during the transition and beyond to ensure continued success
Contact us with any questions you may have
Assisting employees buying businesses
Assisting employees buying businesses
Buying a business provides tremendous value to yourselves and your community. We strongly recommend a Cooperative Business model with its extensive support network. Cooperative management practices may be the best kept secret in Canadian business!
Employee/Community owned businesses
Represent $61.2 billion, 3.4% of Canadian GDP (compared with 1.8% mining and 0.9% manufacturing)
Have greater tenacity and continuity at all levels of the organization
Are more stable and survive adversity favourably when compared with privately owned companies
Support local communities by providing local jobs
Have support networks to help fill skills gaps and provide ongoing training (if needed)
How we can help
Feasibility assessments and skills gap analysis for employee groups
Finance requirements and solutions
Negotiation support and strategic planning
Governance, policy, and incorporation document support as required
Ongoing guidance, training, and professional services available
Contact us to discuss your opportunity
Exploration and education for anyone interested in maintaining strong local economies
Exploration and education for anyone interested in maintaining strong local economies
The ‘Silver Tsunami’ describes the $1.5 Trillion in business assets that will change hands in the next 10 years. These businesses represent ⅓ of Canada's private sector workforce in our communities. Keeping these organizations in our communities benefits everyone. Converting from private ownership to employee/community ownership is one way to build a better future.
SME owners today
72% of business owners plan to retire in the next decade
59% of Canadian entrepreneurs are 55+ years of age
81% of these owners plan to sell their businesses
38% have made no efforts toward succession planning
only 14% have a formal plan
How we can help
Professional development seminars for business owners
Awareness training for financial advisors
Customized courses can be tailored to community needs
Courses are suitable for chamber members, financial advisors working with business owners, community economic development teams, and others.
Reach out with your ideas and we are happy to explore any options
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