test

The loss of local businesses is not inevitable. By Melissa Hoover Linda and Gregory Coles founded their preschool, A Child’s Place, in their Queens, NY basement in 1983. Over the years it grew steadily and developed a deeply loyal community. Now they own a large building, employ more than 50 people and serve hundreds of families. […]

Employees Purchasing Their Division From a Major Corporation By Sarah Stranahan We usually think of ESOP conversions as a way for founders to sell private businesses to their employees, because that is the most common scenario for creating ESOPs. But ESOPs can also be used for other types of business succession, like purchasing a division […]

Some companies have learned to create good jobs for employees at every level of the organization, blue collar and white collar alike. By John Case Nearly every politician these days wants to create more jobs. And not just any jobs — good jobs. But what is a good job, and how does a company go about creating one? […]

Performance Validation’s Journey By Richard Van Doel, Ph.D, President, Performance Validation On January, 2, 2018, Performance Validation (PV), a leading bio-technical, pharmaceutical and medical device industry contractor, became Indiana’s newest Employee Stock Ownership Plan (ESOP) company. As the president of this company, I’d like to share how our experience in educating employees about employee ownership — even before […]

An editorial by Governing’s publisher Mark Funkhouser highlights the potential of employee ownership to create new, stable jobs without the use of state tax incentives or corporate giveaways. “A few jurisdictions are beginning to explore this alternative. Legislation was introduced in Wisconsin that, among other things, would provide a capital gains tax exemption for employee ownership; loans […]