Employee Ownership Resources

Here you’ll learn about employee ownership directly from our MNCEO experts. Get to know the employee-owned businesses already thriving in Minnesota, and find the inspiration to begin your journey toward employee ownership.

Online course work: business transition planning

I AM…

→ exploring employee ownership
→ becoming employee-owned
→ a decision-maker for an ESOP
→ a professional advisor

events blue.png

Educational
Events

support blue.png

Personalized
Support

advisors blue.png

Professional Advisors Directory

directory blue.png

Employee-Owned
Company Directory

updates blue.png

Industry
Updates

support blue_1.png

Posts tagged Exit Strategy

Hunt Electric Testimonial

Hunt Electric Testimonial

Megan Clyne, Human Resource Manager shares what employee ownership means to her.

TestimonialsGuest UserJanuary 6, 2022Succession Planning, Exit Strategy

Business Succession Planning: 5 Key Resources

Business Succession Planning: 5 Key Resources

Looking for a quick bird’s eye view of Employee Ownership resources throughout Minnesota? Check out this article written by Minnesota Chamber of Commerce business owners looking for business succession support.

Web Article, White PaperAlex VandeHeiDecember 16, 2021Exit Strategy, Employee Ownership, Employee Ownership Trust, Worker Cooperative

How to Prepare a Proper Exit Strategy - with Nina Hale

How to Prepare a Proper Exit Strategy - with Nina Hale

On May 5th, Nina Hale, former owner of Collective Measures, shared her experience with employee ownership and how to prepare your business with a proper exit strategy.

Media CoverageAlex VandeHeiOctober 29, 2021Succession Planning, Exit Strategy

Windings Inc. Testimonial

Windings Inc. Testimonial

Listen to Roger Ryberg, the former owner of Windings, Inc., in New Ulm, Minnesota and Dean Boelter, a recently-retired employee-owner from Windings, describe all the reasons an ESOP (employee stock ownership plan) is right for your company.

TestimonialsAlex VandeHeiOctober 29, 2021Succession Planning, Exit Strategy

Happy Earth Cleaning Services Testimonial

Happy Earth Cleaning Services Testimonial

Watch this testimonial from Tom Crouse about why he believes worker-owners are the future of Happy Earth Cleaning Services.

TestimonialsAlex VandeHeiOctober 29, 2021Succession Planning, Exit Strategy

Collective Measures Testimonial

Collective Measures Testimonial

Watch this testimonial from Nina Hale about why she decided to convert her booming marketing business to 100% employee-owned.

TestimonialsAlex VandeHeiOctober 29, 2021Succession Planning, Exit Strategy

Split Rock Studios Testimonial

Split Rock Studios Testimonial

Watch this testimonial from Split Rock Studios to learn more about their unique ESOP story.

Testimonials, Video TestimonialsAlex VandeHeiOctober 29, 2021Succession Planning, Exit Strategy

Types of Employee Ownership and Why They're Good for Business

Types of Employee Ownership and Why They're Good for Business

On June 16th, Sue Crockett, current MNCEO Executive Director, shared her experience with the Exit Planning Institute podcast on employee ownership and how it assists owners to achieve a lasting legacy while remaining loyal to their current employees.

PodcastsAlex VandeHeiSeptember 15, 2021Succession Planning, Exit Strategy

Happy Earth Cleaning Co-op: Becoming an Employee-owned Business

Happy Earth Cleaning Co-op: Becoming an Employee-owned Business

Hear the story of Happy Earth Cleaning Cooperative. Learn about how they did it, and why they choose to convert into a worker co-op. Nexus Community Partners was proud to partner with Project Equity in helping with the conversion process.

Success StoryAlex VandeHeiAugust 5, 2021Employee Ownership, Exit Strategy, Worker Cooperative

Employee Ownership Is a Great Way to Transition a Business Into the Future

Employee Ownership Is a Great Way to Transition a Business Into the Future

Tom Prosser shared the options he considered and why employee ownership was the best option for him and the future of the business that he had worked so hard to build.

Web ArticleAlex VandeHeiJune 24, 2021Employee Ownership, Exit Strategy, ESOP, Succession Planning

The Story of Employee Ownership American-Style

The Story of Employee Ownership American-Style

Read this story to hear how Kelso, a lawyer and economist, set out to bring employee ownership to America.

Success Story, White PaperAlex VandeHeiMay 13, 2021ESOP, Succession Planning, Exit Strategy

ESOP's: Are they for you?

ESOP's: Are they for you?

On May 5th, Nina Hale, former owner of Collective Measures, shared her experience with employee ownership and how to prepare your business with a proper exit strategy.

WebinarAlex VandeHeiMay 10, 2021ESOP, Exit Strategy, Employee Ownership

Creating Employee Ownership through Selling Your Company to an ESOP

Creating Employee Ownership through Selling Your Company to an ESOP

During this event, the panelists discussed how selling a company to an ESOP provides a retirement plan for employees which creates wealth equity while at the same time providing a succession planning tool for the selling owners.

WebinarAlex VandeHeiApril 1, 2021Succession Planning, Exit Strategy, ESOP

Employee Ownership Trusts Summary

Employee Ownership Trusts Summary

Want to learn more about Employee Ownership Trusts (EOT)? Check out this summary to learn how an EOT is different than other employee ownership models, where EOTs came from, and what the advantages and disadvantages of EOTs are.

DocumentAlex VandeHeiMarch 23, 2021Succession Planning, Exit Strategy, Employee Ownership Trust

Long Haul Trucking, an employee owned success story!

Long Haul Trucking, an employee owned success story!

Long Haul Trucking located in Albertville, MN shares how employee ownership works in a trucking company.

Success StoryAlex VandeHeiMarch 10, 2021ESOP, Succession Planning, Exit Strategy

As A Business Owner- What Will Be Your Legacy?

As A Business Owner- What Will Be Your Legacy?

During this event, a panel of employee-owners and professionals shared their experiences of employee ownership in Minnesota as well as the logistics behind the operations of Employee Stock Ownership Plans (ESOPs) and Worker Cooperatives.

WebinarAlex VandeHeiMarch 9, 2021ESOP, Worker Cooperative, Succession Planning, Exit Strategy, Employee Ownership

A Letter To Employee Owners of the AVEKA Group

A Letter To Employee Owners of the AVEKA Group

I want to thank each of you for being an Employee Owner and I do hope that you catch the excitement of being a member of an ESOP company and can see how your contribution can benefit you and your fellow Employee Shareholders.

ArticleAlex VandeHeiMarch 8, 2021ESOP, Succession Planning, Exit Strategy

Key Considerations from an Employee Ownership Lending Perspective

Key Considerations from an Employee Ownership Lending Perspective

As you transition to the next stage of your career and consider the sale of the company you have worked so hard to build, one good option is an Employee Owned organization.

ArticleGuest UserJanuary 14, 2021Exit Strategy, ESOP, Succession Planning, Employee Ownership, Finance

Employee Ownership Trusts: An ESOP Alternative

Employee Ownership Trusts: An ESOP Alternative

During this event, the panelists discussed how selling to an employee ownership trust (EOT) should be considered as an alternative to an ESOP where the cost of an ESOP is a major consideration, as well as where perpetuity of the employee ownership structure is a major goal.

WebinarAlex VandeHeiSeptember 21, 2020Employee Ownership Trust, Succession Planning, Exit Strategy, ESOP

An ESOP can create many winners

An ESOP can create many winners

For many business owners, a succession plan is about more than creating an exit strategy or profiting from the sale of the company. It’s about preserving a legacy in a way that benefits the company and its employees as well as the business owner(s).

Web ArticleAlex VandeHeiJanuary 14, 2020ESOP, Exit Strategy