How to transition to employee ownership in Sarah Durham's featured imageSarah Durham is an entrepreneur and creative consultant with a passion for helping entrepreneurs. She founded her Big Duck in 1994 to help nonprofits raise awareness, raise funds, and communicate more effectively. After selling the business to its employees in 2021, she now serves on the board. Through her company, Compton Durham, Sarah now provides coaching to entrepreneurs, nonprofit leaders and women in leadership positions. For more information, please refer to the following URL: comptondurham.com.

If you’re thinking about an exit plan from the business, we have a great expert to talk to about how she got out of the business. Today, as we speak with Sarah Durham, we discuss two different transitions she’s made out of her own company, including Big Duck’s employee-owned model. Hear a great episode for any reader as she shares her wisdom on transitioning her owners.

“When I was transitioning to a place away from business, I really had to practice letting go, and to create space for my colleagues to practice stepping into those decisions.” So I really had to stop being the center of conversation.” – Sarah Durham

Listen to the podcast below.

This week’s SmallBizChat Podcast:

  • Move to an employee-owned business.
  • Plan your exit strategy before you are ready to migrate.
  • Small business employee ownership.
  • Type of employee-owned organization.
  • Sarah’s job as a coach for other companies to transition.
  • Run your business, grow it and make it sellable.
  • Difficulties in transitioning to employee ownership.

Resources mentioned:

Connect with Sarah Durham:

get more!

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