Employee ownership deepens engagement, builds community.
Continue ReadingEmployee Ownership Education Beginning in Response to New SBA Mandate
Small Business Administration, DC Metro, holding five trainings for business owners by Karen Kahn In late February, the Washington Metro Area District Office of the U.S. Small Business Administration held its first seminar for business owners interested in employee ownership as a potential exit strategy. The plan is to hold one a month in each of the […]
Continue ReadingCommon Myths about Employee Ownership
Scaling employee ownership requires dispelling common misunderstandings by Bruce Dobb A number of factors inhibit the growth of employee ownership, among them, common misconceptions among small business owners. The three most common myths we encounter at Concerned Capital when discussing employee ownership with small business clients preparing to sell are: Employee ownership means an ESOP. All employees […]
Continue ReadingChicago Turns to Cooperatives to Improve Opportunity
New Coalition Aims to Raise Awareness and Build Capacity by Karen Kahn Hoda Katebi, an Iranian-American fashion designer, known for her fashion blog JooJoo Azad, has turned her sights to helping immigrant and refugee women by starting a clothing production cooperative in the Uptown neighborhood of Chicago. Blue Tin Production Co-op, says Katebi, will create jobs for […]
Continue ReadingEmployee-Owned Heritage Aviation Becomes Vermont Benefit Corporation
New Corporate Status Could Protect Company from Outside Buyers by Karen Kahn “Making business decisions that give weight to both profit and social impact has made us a more successful company because it has made us a more meaningful organization to our customers, vendors, employees and community,” says Dave Stiller, CEO of Heritage Aviation. Heritage […]
Continue ReadingNew Strategies to Grow Employee Ownership
Cities are embracing employee ownership (EO) as an economic development strategy that delivers both growth and equity. To further explore how, why and where, Employee Ownership News has started a new series focused on urban ecosystems. Take a look at our first two stories to see how: · Durham, NC, is seeking to maintain the legacy of African-American […]
Continue ReadingTDIndustries: Servant Leaders and Employee Ownership
An Organizational Culture that Drives Success by John Case This story was originally published at Employee-Owned America, February 1, 2019, and is reposted here with permission. What’s interesting about TDIndustries, a big mechanical construction and facilities-services firm, isn’t just its business results, though heaven knows those results are impressive enough. Founded 73 years ago in Dallas, TD […]
Continue ReadingBest Friends Pet Hotel Acquired by ESOP
Mosaic Capital Partners Leads Conversion to Employee Ownership by Karen Kahn Best Friends Pet Hotel is a growing pet boarding, day care, grooming and training business, with 30 locations throughout the country. Every day, pet owners trust the devoted staff of Best Friends to care for their furry family members. It’s recent transition to employee ownership […]
Continue ReadingMiami Gears Up to Expand Employee Ownership
Local anti-poverty organization, Catalyst Miami, partners with JP Morgan Chase This story, part of our series on cities growing employee ownership, is based an op ed that appeared in the Miami Herald. In 2016, a report from Florida International University recommended employee-owned cooperatives as one of several strategies to stem gentrification and build community wealth in Miami, a […]
Continue ReadingMoving Toward More Equitable Workplaces: B Corps Share Business Rights and Responsibilities
Companies See Bottom-Line Benefits From Worker Ownership by B the Change Thinking long-term. Acting like a team player. Caring for the customers. Showing ownership mentality. While any business would be lucky to have employees with those qualities, they’re a priority when Technicians for Sustainability (TFS) looks to hire. Inclusion and empowerment always have been part of the […]
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