Minsun Ji
ESOP plans offer a myriad of benefits for companies, employees, and selling owners alike. While we’d love to help every business out there promote employee ownership through an ESOP plan, we know they aren’t perfect for everyone. That’s why comparing an ESOP with other retirement plans like a 401(k) is an important step in securing the… Continue reading ESOP vs 401k: Which Is Better For Your Business?
How popular is employee ownership?Whether in the form of an ESOP or co-op, employee ownership is more common than you might think.According to a 2018 article in the Harvard Business Review, about 10% of Americans hold equity stakes in their workplaces. That accounts for the upwards of 14 million employees who are vested employee-owners.(Colorado alone is home… Continue reading 33 Well-Known Companies Creating Equity Through Employee Ownership
In October 2020, the Aspen Institute hosted a webinar aimed at addressing the question: Can employee share ownership improve racial and gender wealth equity? Speakers from worker cooperatives, think tanks, universities, and public radio came together to confront the systemic inequality that workers at the bottom end of the opportunity scale face in this economy. “Broadening opportunities to participate… Continue reading Building Racial & Gender Equity Through Employee Ownership
From bakeries to auto shops to home health care networks and everything in between, employee ownership is a rising strategy in the movement to create a more equitable and inclusive economy. While some businesses are formed from the start with some type of employee ownership built in, many employee owned businesses didn’t actually start out… Continue reading Is Employee Ownership Really Better For Business?
It’s one thing to know that you want to convert to employee ownership. It’s another to know how to do it.For nearly 25 years, Iron Woman Construction has worked in the areas of trucking, civil construction, environmental services, mining infrastructure, utilities, and more. And while their status as an employee owned company didn’t become official until 2019, employee wellbeing… Continue reading How Employee Ownership Strengthened This Construction Company’s “Family First” Culture (Case Study)
“Who has time to run a company and figure out how to transition it at the same time?” When it comes time to retire, a lot of small business owners struggle to find an exit strategy that benefits them and their employees.Should you close the doors? Sell to another company? Promote from within and train another employee… Continue reading This Design Firm Found the Perfect Transition Strategy by Converting to a Worker Cooperative
When you’re wondering what’s next for your business, an ESOP is an important option to consider. Rather than going about “business as usual,” an ESOP can enable you to cultivate the right kind of relationship to your business, your employees, and your own life. At their core, ESOPs are a method of promoting employee ownership… Continue reading What Is an ESOP and How Does It Work?
Despite the circumstances, 2020 has been a good year for Bill and Teri Cardell. After 31 years of selling performance parts for the Mazda Miata, their aptly-named business Flyin’ Miata based in Palisade, Colorado, is on target to have its best sales year yet — all while converting to a worker cooperative. When Bill and… Continue reading How Employee Ownership Helped Flyin’ Miata Preserve Its Culture and Legacy
If the events of the twenty-first century have made anything clear, it’s that the economy created by doing “business as usual” doesn’t work for everyone.From the Great Recession and the Occupy Wall Street movement to a global pandemic that’s left countless families struggling to get by, small business owners and their communities are often the ones who… Continue reading What are the benefits of employee ownership?
As the nation’s premier gathering on employee ownership, the NCEO’s annual conference provides an ideal opportunity to learn, network, and share your knowledge with others!Their 2019 conference will take place in Pittsburgh, PA (April 9–11, with preconference on April 8) and will build on the sold-out success of their 2018 conference in Atlanta, where over… Continue reading NCEO 2019 Employee Ownership Conference
Happy Employee Ownership Month!RMEOC presents “Marketing your Employee Owned Business” as a part of our Webinar series. We have the founder of Certified Employee Owned as our guest speaker to bring more business to your Employee Owned company. When: October 16th, at 11 am- 12 pmWhere: OnlineTHIS EVENT IS CLOSED
Recently the Main Street Employee Ownership Act (S. 2786) was passed in the Senate. Introduced by Senator Gillibrand and 6 additional co-sponsors, this bill is the culmination of many months of hard work by ASBC staff, members, and allies. It provides funding and technical assistance to help companies transition to being worker-owned. A companion bill introduced… Continue reading Worker Ownership Bill Passes the Senate
The Tax Cuts and Jobs Act of 2018 (the “Act”) was signed into law by President Trump on December 22, 2017. It is heralded as making the most significant changes in corporate taxation in the US in more than 30 years. The Act makes changes to C corporations, S corporations and other pass-through entities. Some… Continue reading How May the New Tax Act Affect Your ESOP
In this webinar, you will learn how to• Create a culture of ownership now for a smooth succession later• Harness your employees’ insight and creativity to spur innovation• Utilize employee ownership and democratic management to attract employees and drive results.• Plan for growth with a game plan for engaging new and existing employeesThis workshop is ideal for• Colorado Business Owners /… Continue reading Online Seminar, Ownership Culture: How to Build It & Sustain It (Jan 10, 2018)
When: Tuesday, December 12, 2017, 11:00 a.m.-12:00 p.m. Where: Online Seminar What: Whether your company is in a growth phase or you are considering retirement, learn why employee ownership has been shown to have led to higher sales, higher job growth, and greater wealth. You might have heard of phantom stock, ESOPs, direct purchase plans,… Continue reading Online Seminar: Growing Your Business, Preserving Your Legacy
Exploring Small Business Options Pre-conferenceWe are thrilled to welcome employee ownership experts from around the country. Learn more about their expertise.GET YOUR TICKETS HEREMorning Workshop PresentersEmployee Owned Companies: What Did it Take to Get There?Halisi Vinson brings a wealth of knowledge developed through her work in business development, marketing, consulting and over half of a decade in… Continue reading Check Out Our Pre-Conference Speaker Biographies
English 
Spanish