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Entries by Mark Flinchum, Andy Manchir

October Is Employee Ownership Month

Posted 6:45 PM by
For most of the country, autumn brings a welcome change from the heat of the summer. The leaves become a colorful tapestry of fall colors, warm days lead to cooler evenings, and football is on everyone’s minds. There’s a lot to love about October, but some businesses have an additional reason to celebrate: October is Employee Ownership Month.
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Partial ESOP Ownership as an Exit Strategy

Posted 1:15 PM by
According to the National Center for Employee Ownership (NCEO), the United States has over 6,600 Employee Stock Ownership Plans (ESOPs) with nearly $1.4 trillion in total assets. While ESOP companies are not required to report ownership percentages, the NCEO estimates that only 30% to 40% of those ESOPs are 100% employee-owned.
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