From orphan to owner and then finally deciding to secure his legacy and transition his company to an ESOP, the founder of Mid South Building Supply, Norman Rales, had a monumental impact on the future of his company and the people who work there. Hear from the new owners (the employees) about how being an … Read More
You may recognize him from the cover of your favorite flour or oatmeal, Bob Moore, founder of Bob’s Red Mill, based in Portland, OR, tells the story of his company’s transition to employee ownership through an ESOP.
Hear the story about how one of the first craft breweries in the nation became one of the most successful employee owned breweries in the world. Most business owners know that there are three options when planning for retirement. One, they can sell their business. Two they can, pass the business to a member of … Read More
What happens when the founder of a business retires? How can they keep their legacy in tact? If you’re a business owner or executive, and you’re looking at business succession options, consider selling your business to your employees and reap the benefits.
What is an ESOP and how do business owners decide to transition ownership of their business, and often their life’s work, to their employees? Most business owners know that there are three options when planning for retirement. One, they can sell their business. Two they can, pass the business to a member of their family. … Read More
In this video a group of professional advisors discuss how employee owned companies with an Employee Stock Ownership Plan (ESOP) are structured.
This significant new study shows that majority employee-owned companies with Employee Stock Ownership Plans (ESOPs) are outperforming non-employee owned companies during the COVID-19 pandemic in the areas of job retention, pay, benefits, and workplace health safety. The study reveals that ESOPs have been more proactive about ensuring the safety of employees during the pandemic and … Read More