The next installment in a Local First workshop series will focus on helping entrepreneurs learn about pros and cons of various business structures.
Local First will host its next Measure What Matters Workshop, “Owning It: Business Structures that Matter,” from 5-6:30 p.m., Sept. 20, at Atomic Object, 1034 Wealthy St. SE.
The workshop will feature speakers from Parliament the Boutique, Atomic Object, Grand Rapids Food Co-op Initiative and Axios HR.
“This workshop is an opportunity to teach business owners about different business structures, including employee ownership, and how these structures can position their businesses and employees for success for years to come,” said Elissa Hillary, president of Local First.
“We want to help businesses and their employees continue to thrive beyond an owner’s retirement or a life event that impacts the business. Getting employees involved with business ownership from the beginning can help position companies for stability and success for the future, while giving employees the opportunity to directly benefit from the growth of the business.”
The workshop will feature break-out sessions where attendees can engage in small group discussions with local business owners on various ownership topics.
Elyse Marie Welcher of Parliament the Boutique will talk about collaborative partnerships and space sharing.
Carl Erickson of Atomic Object will share his experience leading an employee-owned business and share insights on open-book financing.
Linda Jones of the Grand Rapids Food Co-op Initiative will share the positives and negatives of co-ops and how to build a healthy culture.
Kellie Haines of Axios HR will talk about business growth, legacy and succession planning through employee ownership.
Business owners, entrepreneurs and professionals are encouraged to attend.
The cost for this workshop is $10 for Local First members and $15 for non-members. Attendees may register online.