Our mission is to help people and companies by providing tools using broad equity ownership to grow sustainable businesses and communities, and to provide families with tax advantaged ownership transitions. Through ESOPs (Employee Stock Ownership Plans), cooperatives, and other structures, we represent sellers, buyers, companies, trusts, unions, employees, and consumers. Examples of ESOP and co-op clients and services.
Biography of Deborah Groban Olson
Since 1981, Attorney Deborah Groban Olson has specialized in creating and advising employee-owned companies and many types of cooperatives. As a 1976 Order of the Coif graduate of the University of Wisconsin Law School, she has an AV peer rating from Martindale Hubbell as a preeminent attorney in her field. Olson leads the Community Economy Group (the Group), which is creating a cooperative network of sustainable, worker-owned companies to provide living wage jobs in SE Michigan. The CEG includes The Center for Community Based Enterprise (C2BE) and IngenuityUS, L3C (IUS).
A former chair of the National Center for Employee Ownership, Olson serves on the boards of Once Again Nut Butter Collective and Circle Pines Center, a co-op education and recreation center. She was also founder of the Capital Ownership Group. Through Kent State University, she ran its global online think-tank and conference center on using ownership to counter the negative impacts of globalization. Olson has also published and spoken extensively in both the US and Europe. Her experience in teaching and additional endeavors are vast. Read full biography.
We advise business owners:
- Who wish to sell part or all of their businesses to their employees.
- Looking into succession that will not only benefit them and their families financially but will continue to provide jobs in their community. (See Case Studies: Carris Reels, National Forge, Fulton Tool and Die, Inc., and Frida, Inc.)
- Who wish to build sustainable businesses that provide good permanent local jobs.
- Who seek resources to save money and pay less taxes.
We advise employee groups:
- Who are interested in buying the businesses in which they work. (See also: Unions & Employee Ownership)
- Such as cooperatives and unions with business law services.
- Such as non-profit organizations with legal assistance.
We also assist with:
- Business structure advice and legal assistance to individual groups starting new businesses.
- New and mature ESOPs, because we understand the issues that arise throughout the life-cycle of an ESOP. (See case study: MBC Ventures, Inc.)
- Feasibility studies, business plans, business implementation, and collaboration with other businesses as a part of the Community Economy Group.