Media Room

MNCEO joins Freddie Bell and Chantel SinGs on the morning show

Panel with SBDC, employee ownership and exit planner expertise. Took place during the BRE +BST course in St. Paul. November 2022

Be sure to take a listen to Sue’s interview that aired on KMOJ Morning Show in celebration of Employee Ownership Month. It was great hearing her thoughts about Employee Ownership Month and what it means as an employee-owned business!

In this podcast, Poised for Exit, Sue Crockett is interviewed regarding MNCEO’s new transition planning online course. This course teaches the basics of what transition planning is, how to start, who's involved and what to do next.

During the past few years, it has become almost impossible to read anything about corporate America or public investing without hearing about a company or investment fund’s Environmental, Social and Corporate Governance (ESG) factors. ESG factors are those that allow investors and consumers to better understand how a company “behaves.”

When it comes to succession planning, most business owners probably realize there are many important factors at play. But what exactly do they need to address during the process, and what questions must they answer to execute a successful transition?

Kurt Manufacturing is 100% employee owned and operating over 500,000 square feet of manufacturing facilities, Kurt is positioned to be a leading employer for many years to come. Kurt’s 500 employees are located in Minnesota, Nebraska and Colorado and own 100% of their company. Because Kurt is an ESOP company, employees control their destiny and can achieve more by working as a team.

Employee ownership stories: Creating an ESOP, with Executive Director Sue Crockett and Ulland Brothers CFO, Tiffany M. Sathre.

When it comes to choosing an ownership transition strategy, owners of closely held businesses have a lot to think about. What transition options are available? And which of these options are a good fit for the goals of both the owner and the company? Clear and cogent answers to these questions can be elusive.

Corporate Governance is the process of allocating authority and responsibility among the company’s shareholders, board of directors and management. Many privately-owned companies have one shareholder who typically wears many hats — shareholder, director (usually the only one) and the CEO. There really is no question who runs these companies.