Employee Ownership Raleigh

Keeping local businesses in Raleigh and building community wealth


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Why Employee Ownership How it Works Who it Serves

Long-standing, locally-owned businesses are critical to Raleigh’s economy and vibrancy. That's why we are connecting local business owners with free, expert guidance on succession planning and employee ownership.
 

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Are you a business owner in Raleigh? Schedule a free consultation to learn about your options.

Why Employee Ownership

Employee ownership is a proven strategy for business continuity and long-term economic stability.

  • Keeps locally owned businesses rooted in the community
  • Preserves jobs and institutional knowledge
  • Supports fair-market exits for business owners
  • Strengthens recruitment, retention, and productivity
  • Builds shared wealth for workers

How it Works

mployee Ownership Raleigh follows a no wrong door approach. Every business owner who reaches out receives clear guidance on next steps.

  1. Initial Conversation
    Business owners contact NCEOC through an online intake portal and receive free, confidential guidance on their succession and ownership options.
  2. Exploring Options
    Owners learn whether employee ownership is a good fit for their business and which model (if any) aligns with their goals.
  3. Personalized Support
    When appropriate, owners are connected to qualified legal, financial, and technical assistance providers for services such as:
    1. Business valuation
    2. Financing options
    3. Employee training
    4. Transition and succession planning
  4. Alternative Pathways
    Owners who are not yet ready for employee ownership are referred to trusted partners such as the Small Business and Technology Development Center (SBTDC), SCORE, or other business support organizations to prepare for a future transition.

Who it Serves

  • Business Owners
  • Entrepreneurs and Startups
  • Workers and Employees
  • Technical Assistance Providers and Service Partners

Not sure if this is right for your business? Inquire anyway! 

Employee Ownership Raleigh: S&ME Testimonial

Contact

 

Department of Economic and Social Advancement
Small Business Development
smallbusiness@raleighnc.gov
919-996-3139

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Lead Department:
Economic and Social Advancement
Service Categories:
Small Business Development