Plug for National Center for Employee Ownership
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In January of 2022, I converted my company into an Employee Owned Trust (EOT). It basically involved financing the selling of the shares back to the company. It is a fairly rare form of Employee-Ownership in the United States. As a result, I have kind of become an expert on the practical end of how EOTs work. That's why I've.created a section in my blogs about Employee Ownership.
I want to share a plug about one organization that does a great job of creating and sharing content about different aspects and styles of Employee Ownership. It is called the National Center for Employee Ownership, or NCEO. Here's the website link:
https://www.nceo.org
If you are considering a transition to employee-ownership, click on the links below. These are NCEO links that can answer many of your questions. I highly recommend this organization. They are good people who are working hard to spread the Employee-Ownership message.
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Using an Employee Ownership Trust for Business Transition
Learn how EOTs work, whether one is right for your company, and how they are created, financed, and governed with case studies.
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Forms of Employee Ownership: This comparison table outlines five major approaches to employee ownership for privately held U.S. companies.
- Introduction to Employee Ownership Trusts: This page is a starting point for business owners and leaders who want to explore whether an employee ownership trust could be the right fit for them and their companies.
