Employee owned business

Employee owned business

Author
Discussion

dirky dirk

Original Poster:

3,158 posts

177 months

Friday 5th May 2023
quotequote all
Has anyone any experience of working for one?

Good thing bad thing?
My neighbour’s employer is mooting the idea

Thanks guys

22

2,398 posts

144 months

Friday 5th May 2023
quotequote all
I run a small one (posh garden maintenance).

thread

The employees here love it - absence is low, tax free (limited) bonuses, badge of honour for many long-servers.

Edited to try and fix link...

Edited by 22 on Friday 5th May 18:37

dirky dirk

Original Poster:

3,158 posts

177 months

Friday 5th May 2023
quotequote all
I get the impression he coumd have sold it to a competitor but it’s his life’s work and there’s a great culture there

I think the directors have all had a few quid out of it. And resigned and a trustee has
Been set that runs it and 75 percent is owned by the staff now