“Employee ownership is both a profound and a simple business model in which business decisions are made through the lens of what is good for their employees and by extension, their families and their communities. It creates true pathways to opportunity and quality jobs.”
How baby boomer retirement can unlock a massive wealth transfer Read More »
Touted as “picking up where Merger and Acquisition firms leave off” employee ownership centers are powerful regional organizations that expand the retirement options for owners of privately-held businesses. We are excited, through our board involvement, to play a role in the growth of the California Center for Employee Ownership and its influence across California. Joining the
Project Equity joins the board of the California Center for Employee Ownership Read More »
The Main Street Employee Ownership Act is a major federal breakthrough addressing the small business closure crisis and wealth inequality in our country. The new law empowers the Small Business Administration to assist in the conversion of businesses to employee ownership and updates the SBA’s lending practices to support the process. Project Equity was pleased to support this bipartisan
Historic bill passes Congress Read More »
How often do we hear people say, “I hate my job!” Creating profitable companies isn’t in conflict with creating happy employees; in fact, it’s much the opposite. People support what they help create. This mantra was repeated at a Great Game of Business workshop we attended in Asheville, NC, hosted by New Belgium Brewing, an employee-owned company. Thousands
People support what they help create Read More »
In the dawn of the Information Age, our nation finds itself radically redefining how work is organized. This spring, Project Equity attended the 2018 Equity Summit hosted by PolicyLink. This year’s Equity Summit generated unprecedented interest, swelling to over 4,000 attendees and demonstrating a deep national desire to advance racial and economic equity. We were honored to participate
The business of the future cultivates real ownership Read More »
On March 28th Mayor Lily Mei presented Fremont’s annual State of the City Address and recognized Project Equity for our recent work spotlighting baby boomer business ownership in their thriving manufacturing sector. We performed an analysis for Fremont to quantify the number of manufacturing and supply chain companies that are 20 years or older —
State of the City Address Read More »
Two monumental bills in support of employee-owned companies have received federal bipartisan and bicameral support, The Main Street Employee Ownership Act in the House of Representatives and the Small Business Employee Ownership Promotion Enhancement Act in the Senate. In her statement, bill sponsor Rep. Nydia Velazquez (D-NY) remarked, “Baby Boomers own a vast number of
The SBA champions a national effort Read More »
Rock City Roasters Location: Rockland, ME Industry: Cafe Number of employees: 25 Conversion date: 2018 Professional support from: Cooperative Development Institute In Source Renewables Location: Pittsfield, ME Industry: Energy Number of employees: 10 Conversion date: in progress Professional support from: Cooperative Development Institute A Child’s Place Location: Queens, NY Industry: Childcare Number of employees: 50 Conversion date: in
Inspiring stories from across the nation Read More »
For most businesses, the employees are the most valuable assets. Imagine, if job satisfaction skyrocketed, how much would that increase the productivity of a business and keep people in their jobs longer term? Studies conducted by the National Center for Employee Ownership found that after becoming employee-owned business productivity increases 4-5% on average and job
The business owner’s best kept secret to success and succession Read More »
Project Equity was invited to write a piece for The Democracy Collaborative, a national research institution working to build a more democratic economy by growing and preserving community wealth. In it we show, by inventorying retiring business owners, city by city, across the nation, we can gauge how many businesses and jobs are our communities at risk of losing.
With 1 in 6 jobs at risk, how do we turn lemons into lemonade? Read More »
