Looking for a quick bird’s eye view of Employee Ownership resources throughout Minnesota? Check out this article written by Minnesota Chamber of Commerce business owners looking for business succession support.
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Featured in the Minnesota Society of CPA's September Footnote magazine, Sue Crockett explains the upcoming fate for many baby boomer owned businesses.
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In an industry that focuses on profit and expect a 75%+ turnover rate, we support Long Haul Trucking and their endeavors to put their drivers first.
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The Nexus Community Partners hosted a presentation titled, “Introduction to Succession Planning and Employee-owned Business Models” to debunk common misconceptions about Worker Cooperatives.
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Employee ownership is also an empowering tool for business, offering employees value, purpose and wealth in exchange for their tenure. These offerings are motivating, leading to increases in productivity and boosting bottom lines.
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While many businesses in the next two decades may pass to the next generation, a large portion of them will be sold — many of them to an Employee Stock Ownership Plan, or ESOP. How do you know if an ESOP is a good option for your company?
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Learn the answers to the most frequently asked questions about Worker Owned Cooperatives here!
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On May 5th, Nina Hale, former owner of Collective Measures, shared her experience with employee ownership and how to prepare your business with a proper exit strategy.
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Listen to Roger Ryberg, the former owner of Windings, Inc., in New Ulm, Minnesota and Dean Boelter, a recently-retired employee-owner from Windings, describe all the reasons an ESOP (employee stock ownership plan) is right for your company.
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Watch this testimonial from Tom Crouse about why he believes worker-owners are the future of Happy Earth Cleaning Services.
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Watch this testimonial from Nina Hale about why she decided to convert her booming marketing business to 100% employee-owned.
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Watch this testimonial from Split Rock Studios to learn more about their unique ESOP story.
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Learn the answers to the most frequently asked questions about Employee Ownership Trusts here!
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On June 16th, Sue Crockett, current MNCEO Executive Director, shared her experience with the Exit Planning Institute podcast on employee ownership and how it assists owners to achieve a lasting legacy while remaining loyal to their current employees.
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Since Long Haul sent its first truck out on the roads over 35 years ago we have taken pride in being a company that offers our drivers opportunities to create successful careers. Of the many separators that make Long Haul Trucking an exceptional place to work as a driver, emplo
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View this table to see a basic outline of the various approaches to employee ownership. To make the table concise, there are some nuances and details left out. Follow the links to find more detailed explanations of various issues are provided where appropriate.
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Learn the answers to the most frequently asked questions about Employee Ownership Stock Plans (ESOPs) here!
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Hear the story of Happy Earth Cleaning Cooperative. Learn about how they did it, and why they choose to convert into a worker co-op. Nexus Community Partners was proud to partner with Project Equity in helping with the conversion process.
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Tom Prosser shared the options he considered and why employee ownership was the best option for him and the future of the business that he had worked so hard to build.
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Graybar is an employee- and retiree-owned, FORTUNE 500 distributor of electrical, communications and data networking products, based in St. Louis, Missouri. The company has more than 8,200 employees, 292 locations across North America and $7.3 billion in annual revenue (2020).
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