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Employee Ownership in Scotland

August 25th, 2020 admin Uncategorized Comments Closed

Why is Scotland leading the way in employee ownership? – by Carole Leslie A study released in June 2020 by the White Rose Centre for Employee Ownership, a collaboration between the Universities of Leeds and New South Wales, found that Scotland was second only to London in the growth of employee ownership. When you consider…

INCEO & ICDC Webinar on Employee Ownership

July 16th, 2020 admin Uncategorized Comments Closed

Please register for this webinar using the following Links: Tuesday, July 21 Thursday, July 23 Wednesday, July 29

Sharing the Wealth

July 4th, 2020 admin Uncategorized Comments Closed

How do ESOPs share the wealth? The simple answer is through the annual allocation of ESOP shares and the capital appreciation of the ESOP shares. For example: Annual allocation of ESOP shares: ESOPs are based on broad-based ownership. Every eligible employee in the ESOP shares in the ownership of the company. It doesn’t matter if…

ESOPs & Economic Well-Being

July 3rd, 2020 admin Uncategorized Comments Closed

What is the impact of employee ownership on the individual worker, or worker groups? Does employee ownership (through Employee Stock Ownership Plans or Cooperatives) have an impact? Recent research on the impact of employee ownership and individual workers performed by the National Center for Employee Ownership identified that among the sampled workers workers who are…

Indiana: Small Business Restart Fund

June 24th, 2020 admin Uncategorized Comments Closed

Gov. Holcomb approved $30 million in federal funding made available through the CARES Act to small business restart grants, helping accelerate the speed of economic recovery activity by providing working capital to cover certain expenses related to the global pandemic. Eligible Indiana small businesses can seek reimbursement for up to 80% of qualified expenses, such…

ESOPs a Great Succession Solution

June 21st, 2020 admin Uncategorized Comments Closed

Are you a business owner? Are you thinking about succession planning? Have you considered an ESOP? Check out Jane in the below video… She found her answer…Have you?

What is an ESOP?

May 25th, 2020 admin Uncategorized Comments Closed

Enjoy this short video from the Pennsylvania Center for Employee Ownership on what is an ESOP! Normally the ESOP Trustee (the only shareholder in a 100% S-Corp ESOP) may require one or more external directors to be appointed to the board.

How COVID-19 May Impact ESOP Valuations

May 22nd, 2020 admin Uncategorized Comments Closed

FROM the KSM Blog, reposted with Permission – Rick ESOP employee-owned companies have a unique issue to consider during these challenging times: how does the COVID-19 pandemic impact ESOP valuation? Each company’s situation will be uniquely impacted by factors including the ESOP plan document, the valuation date, and the size of the ESOP stock distributions…

Interactive Map Updated

May 17th, 2020 admin Uncategorized Comments Closed

The Interactive ESOP Map page has been updated based on the most current data available from DOL, including ESOPs initiated in 2018. Congratulations to the 9 ESOPs that have a plan effective date in 2018 these are: THE SKILLMAN CORPORATION BARRY COMPANY, INC. BAUMGARTNER & COMPANY INC. ILLINI HI-REACH, INC. JB CUNNINGHAM, INC. KORELLIS ENTERPRISES,…

Update! INCEO Earned a 2020 Gold Seal of Transparency

May 16th, 2020 admin Uncategorized Comments Closed

The Indiana Center for Employee Ownership just earned a 2020 Gold Seal of Transparency from GuideStar. GuideStar Seals of Transparency indicate that a nonprofit has provided key information to its Nonprofit Profile. This recognition shows commitment to transparency. By providing up-to-date information, nonprofits allow potential donors and funders to make educated decisions on which nonprofits…