Seed America helps communities recover from Mass Layoffs. Their specialty could be called “making lemonade out of lemons”.
Seed America takes a soon-to-be-empty or presently empty building that is both a financial drain on the company and a psychological drain on the community and helps both “move on” to greater profitability.
The company receives instant cashflow benefits thanks to IRS rulings that Seed America helps implement. The community, on the other hand, starts the process of reviving its flagging economy by using the space as a business incubation center.
Unlike conventional property sales where the building can sit empty racking up huge expenses and tax bills while generating not one penny of revenue, Seed America transactions can happen in as little as 60 days helping all parties move on.
In the author’s personal experience, many layoffs could be made less traumatic to the community when the company and community can work together so that people losing their jobs can either be absorbed by a new company buying some or all of the former assets, be retrained to enter new positions, or be given the tools (such as those found in a business incubator environment) to start their own business.
So while the work of Seed America isn’t a “cure all”, it’s a valuable tool in the arsenal of people who must respond to help communities recover as quickly as possible from Mass Layoffs.
For more information, contact Seed America.
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