What are the challenges of taking over the workplace and running it as a WSDE?

Management just announced they are shutting down the company you are working for. You sit down with a group of coworkers to discuss the situation. Eventually, you agree to try taking over the company and running it as a WSDE. You agree to present this proposal to all the workers in the company. In order to do so, you prepare a slideshow presentation that addresses the following issues:
o What is a WSDE?
o What are the possibilities of taking over the workplace and running it as a WSDE?
o What are the challenges of taking over the workplace and running it as a WSDE?