2024 Scotland Ownership News
Many thanks to Carole Leslie of Ownership Associates for sharing her newsletter on Employee Ownership events in Scotland; January 2024 Newsletter February 2023 Newsletter March 2024 Newsletter April 2024 Newsletter
ESOP – Growth Through Acquisitions
One way that ESOPs may grow in value and size, is through the acquisition of companies. These acquisitions may be bolt on acquisitions that expand existing services in a new geography, or they may be companies that provide a diversification in services and client base as a means to diversify risk of customer concentration. In…
Who Should Own Your Business After You?
Many thanks to the National Center for Employee Ownership for providing the below booklet. This booklet is also available for download at the following NCEO LINK
Employee Ownership – Ireland
Employee Ownership growing worldwide! Law firm Arthur Cox has called for the introduction in Ireland of an employee-ownership trust scheme, based on what it describes as the “successful” Employee Ownership Trust (EOT) in Britain. https://www.lawsociety.ie/gazette/top-stories/2024/march/call-for-new-share-scheme-for-employees #EOT #employeeownership
Ownership Associates UK – Scottish Employee Ownership News
Many thanks to Carole Leslie for sharing her news letter Ownership Matters. Below is the most current newsletter, with prior editions archived as links below.
Who Should Own your Business After You?
Who should own your business after you? Employee ownership isn’t a new idea, but it’s widely overlooked — surprisingly so, given how the models have been shown to benefit not just workers but also owners. Companies looking to convert to employee ownership can find examples across industries, firm sizes and ages, and ownership stakes. Join…
Is a Medical Marijuana ESOP in our Future?
UPDATE – Theory Wellness initiated an ESOP to become the largest Employee-owned Cannabis Company. Co-founder and Chief Strategy Officer Nick Friedman told Green Market Report that the business on Wednesday closed a transition into an employee stock ownership plan (ESOP), which is a government program that Friedman said is structured similarly to 401k retirement plans. “It essentially is a…
Ensuring an ESOP’s Long-Term Success: Strategies for Sustainability
A joint webinar on ESOP Sustainability presented by INCEO, Katz, Sapper, Miller, Retirement Management Services, and Blue & Co. When: Jan 17, 2024 at 12:30 – 1:30 PM Eastern Time Description: Employee Stock Ownership Plans (ESOPs) can be powerful tools for fostering employee engagement, creating a sense of ownership, and driving business success. However, maintaining…
EO in Scotland – Dec 2023
Many thanks to Carole Leslie for sharing Ownership Associates UK Newsletter Ownership Matters.
KPMG’s Research Canadian Businesses
In a recently published article by Kate McCaffey providing insights to KPMG’s Private Enterprise Business Survey – 73% of respondents stated they expected to transition their businesses to new leadership within 3-5 years. While 69% intended to sell to a third party, although 72% of the respondents felt that employee ownership trusts (EOTs) with a…