Worker Co-op is a type of business that is majority owned and controlled by it’s employee members.
Employee Stock Ownership Plan In an ESOP structure, a trust acquires some portion — sometimes all — of a company’s stock, and holds it for the benefit of employees.
Resources Category: Shared Ownership Center @ Nexus
Strengthening Local Economies
Brooklyn Park Business Analysis
Increasingly, businesses are transitioning to employee ownership—where existing employees purchase the business and form a new employee-owned company. The strategy has proven to be good for business, workers and communities.
The Changing Face of Business
Impact Brief — May 2017
Wealth disparities across the country are at an all-time high, and in Minnesota growing racial and economic inequalities threaten our economic vitality.
Selling to Your Employees as an Exit Strategy for Your Business
A visual introduction to converting a businesses to broad-based employee ownership, including answers to frequently asked questions, debunking of common myths, and initial steps to take.
Strengthening Local Economies
A 2015 report on how using a Community Wealth Building framework could help to address deeply rooted racial and economic disparities and create opportunities for local and equitable ownership and control of wealth.
2017 Impact Brief: Business Conversions to Worker Cooperatives
A 2017 report on the trends on business ownership, the labor market and the potential impact of converting businesses to worker cooperatives in the Twin Cities.
2019 Impact Brief: The Changing Face of Business
Learn about how business conversions to worker ownership work with the public sector, private sector, and community to address racial disparities and build community wealth.