Small Business Succession Planning

Anthony Mathews, Bruce Dodd and Tomás Durán

Thursday, August 13
12 - 1 p.m. PDT
Zoom Webinar


The US has 2.34 million small businesses are owned by baby boomers. These businesses provide 25 million jobs in the US. Between 60% to 85% do not have a succession plan. Less than 30% of all companies listed are actually sold and only 15% get passed on to a second generation. These businesses will either change ownership or be closed. What are the options for these businesses?

Join Anthony Mathews from California Center for Employee Ownership and Bruce Dobb and Tomás Durán from Concerned Capital as they present on Small Business Succession Planning. The discussion will be moderated by Professor Jason D'Mello.

Experienced and aspiring entrepreneurs are invited to join.


Anthony Mathews is the incorporator and secretary for the renewed California Center for Employee Ownership (CCEO). Tony has been an active leader in the ESOP community for over 40 years, serving as a principal in several of the most respected ESOP consulting firms in the country and as the Director of the Beyster Institute at the University of California San Diego Rady School of Management.  During his tenure at UCSD, Tony was responsible for creating and delivering the first ever MBA level curricula on several subjects related to employee ownership and workplace democracy.

Bruce Dodd is a partner at Concerned Capital. He has a unique skill set that is suited for small business acquisitions. His expertise in small business lending, tax credit programs, and small business management helps clients successfully navigate funders applications and due diligence procedures to secure financing. Prior to his work in lending, he ran a small, family owned, electric wholesale distributor. Bruce served as Investment Consultant to PERS in Governor Jerry Brown's 1st administration. He secured the first term debt for LA's largest apparel manufacturing company, American Apparel, in LA’s Empowerment Zone Bruce also designed and launched LA County’s largest Economic Development Assistance Revolving Loan Fund as Chief Credit Officer for the Valley Economic Development Center. Bruce has a Series 7 credential and an MBA in Finance from George Washington University.

Tomás Durán is president of Concerned Capital. He has more than 15 years of economic development experience in low income communities of Southern California. He applies his finance, new market tax credits, and redevelopment skills to develop creative and innovative economic development solutions for private businesses. Prior to this role, Tomas worked as a Program Manager for the Whittier Redevelopment Agency and Vice President of Real Estate for Genesis LA Economic Growth Corp. In addition to CC, he teaches a class as a part time instructor for the Price School of Public Policy at the University of Southern California. Tomas also serves on the board of Common Future., the New Market Tax Credit Community Advisory Board for Dudley Ventures Community Investment and is a fellow in the Aspen Foundation's Job Quality Fellowship. Tomas has a master's degree in Planning from USC.