For the first time, SSBCI credit is allowable for purchases interests from […]| Becoming Employee Owned
From the Company: https://www.bellstreetbuilders.com/ Bell Street Builders is an employee-owned cooperative committed to high quality, durable, & thoughtful construction. We strive to use consciously sourced materials, solid building science practices, & energy efficient design to bring long lasting value to our clients’ homes.| Becoming Employee Owned
Food examples| Becoming Employee Owned
From the Manistee News:| Becoming Employee Owned
A training program for business owners and key managers working towards an exit plan will be held from 2 to 5 p.m. Wednesday, Dec. 4, at the Brattleboro Development Credit Corporation offices at 76 Cotton Mill Hill. Participants will learn the basics of how to choose a path for ownership succession in their business. They will take a close look at four different ways of selling a business: to an outsider, to family members, to managers, or to the larger group of employees. Mark Beliveau of Ga...| Becoming Employee Owned
From Forbes: | Becoming Employee Owned
But there has been a snag in implementation—collateral. With an individually owned business, a small business owner will often pledge his or her home as collateral to secure a loan. But what if you have 100 owners? Are they supposed to pledge 100 homes? And what if they aren’t all homeowners? Enter a workaround from Berkeley, California, that may spawn many imitators. Berkeley is one of more than 520 communities with a revolving loan fund supported by the US Commerce Department’s Econo...| Becoming Employee Owned
Inspired by other employee share owned plan companies, Wogamott and Zink began offering profit sharing in the early 1990s. They set aside 10% of profits to provide as cash bonuses to employees, Siggins said. “They discovered it was motivating and created more of an ownership mindset among employees,” she said. “Employees began to more frequently think critically about the company and ask: ‘How can we do this better and do things more efficiently? How can we spend our money more wisely...| Becoming Employee Owned
But at a city council meeting this past September, Berkeley City Council approved changes to the requirements for its small business loan fund, adding an alternative to a conventional personal guarantee, making it more friendly for worker-owned cooperatives. It may seem like a small victory, but it’s just one part of a much broader push led by worker-owned cooperative members themselves to reshape the economy around them, business by business, city by city, lender by lender “It’s an uph...| Becoming Employee Owned
The widening wealth gap has sparked interest in worker ownership models that can build individual and community wealth. Across the U.S., about 6,000 companies have Employee Stock Ownership Plans, or ESOPs, and another 450 are worker co-ops. But the complexity involved and a lack of capital means those numbers have barely budged in recent decades. Start.coop and other accelerator programs are growing a new generation of worker-owned businesses. The real opportunity for impact at scale, howev...| Becoming Employee Owned
