Michigan Center for Employee Ownership (MICEO)

#BusinessOwnershipMadeEasy

?? Only a Few Days Left! Don’t Miss Our EOT Webinar! ?? Time is running out! ? #JoinUs this #Thursday, March 13, for a deep dive into Employee Ownership Trusts (EOTs)—one of the fastest-growing ownership models in the U.S.! Unlike #ESOPs, EOTs focus on profit sharing & worker benefits rather than direct equity stakes—all while being more affordable to set up and manage. Don’t miss this chance to explore how EOTs can shape the future of employee ownership! ?? Register now before it’s too late! ?? ?? Sign up here: https://lnkd.in/gaHr4ZC3? #EmployeeOwnership #EOT #BusinessForGood

Michigan Women-Owned Spotlight: Red Hots Chili ??? Started as a Highland Park Coney Island in 1921, Red Hots Chili has been a family tradition for over 103 years! When her parents retired, this fourth-generation owner ensured the legacy lived on - bringing their signature chili to grocery stores in 2021. Her passion? Keeping the tradition alive for future generations, including her boys. Check out this #MI business here: https://redhotschili.com/ Support local. Support women-owned. Taste the legacy! #WomenOwned #Michigan #NationalWomensHistoryMonth

Gov. Gretchen Whitmer and the Michigan Department of Labor and Economic Opportunity (LEO) Office of Rural Prosperity recently announced #MICEO as one of the recipients of a Rural Readiness grant. The Rural Readiness program is designed to help #rural communities build capacity, drive #economic development, and improve quality of life for residents. With this funding, MICEO will focus on the impact of #business ownership succession in rural #MI communities, helping build skills to identify potential “at-risk” businesses and offering tools and resources to guide business owners in starting the exit planning process to retain companies and jobs locally. "These investments make a real difference in people’s lives and will help us continue to make Michigan the best place to live, work and raise a family,” says Governor Gretchen Whitmer. Read the full press release here: https://lnkd.in/eF9--hAt

?? We will see you at the Annual Ohio Employee Ownership Conference! MICEO is excited to support the Annual Ohio Employee Ownership Center Conference, a premier event for employee-owned companies and ESOP professionals! ?? ?? Date: April 9-10, 2025; April 9th will be the Pre-conference events ?? Location: Akron Fairlawn Hilton @ 3180 W Market St, Akron, OH 44333 ?? Engaging Sessions – Gain insights from top #ESOP experts ?? #Networking Opportunities – Connect with like-minded professionals ?? Interactive Roundtables – #Learn from diverse perspectives ?? Inspiring Keynotes – Hear from influential thought #leaders Don't miss this opportunity to innovate, connect, and grow with the ESOP community! ?? Register today: https://lnkd.in/gw4iQTyH #MICEO #EmployeeOwnership #OhioEOConference

Did you know there are #four types of employee ownership structures? A new form of employee ownership – popular in the United Kingdom and just beginning to catch on in the U.S. – is the Employee Ownership Trust (EOT). These companies are owned by a trust, established by the selling owner, with the requirement that the company is operated for the #benefit of the employees into perpetuity. #EOTs are a form of #employeeownership where a company is owned by a trust with the requirement that the company is operated for the benefit of the employees into perpetuity. EOTs do not provide a direct equity stake to employees but instead focus on profit sharing and benefits for workers. In the US, they lack the tax benefits of #ESOPs, but are also significantly less expensive to create and administer. https://lnkd.in/gyjd7j6T #TRUSTS

??? Ready to turn your business into a legacy of success? People First Economy and the Michigan Center for Employee Ownership (MICEO) have teamed up to help you unlock an employee ownership legacy for your business through an engaging web series! ?? ? Learn how to secure funding ? Prepare your business for growth ? Leverage employee ownership for long-term success ?? Don’t miss out—sign up today! ?? https://loom.ly/krKEPxI

? The countdown is on! Just 10 days until our webinar on Employee Ownership Trusts (EOTs)! ? Did you know there are four types of employee ownership structures? One of the newest to gain traction in the U.S. is the Employee Ownership Trust (EOT)—a model that ensures companies operate for the benefit of employees into perpetuity. Unlike ESOPs, EOTs don’t provide direct equity stakes but instead focus on profit sharing and worker benefits—all while being significantly more affordable to establish and manage. Don't miss this opportunity to learn more! Register now—March 13 is approaching fast! ?? ?? Sign up here: https://lnkd.in/gaHr4ZC3 #EmployeeOwnership #EOT #FutureOfWork #BusinessForGood

?? #JoinUs at the Michigan Chapter of The ESOP Association Spring Conference! Connect with fellow #employeeowners and gain fresh perspectives at this must-attend event! Dive into engaging sessions, expand your network, and explore innovative strategies to strengthen your #ESOP. ?? Register now and be part of the conversation shaping the future of employee ownership: https://lnkd.in/eRKjPM-5 #MICEO #SpringConference #Michigan

?? JOIN THE MOVEMENT and help us turn the state of #Michigan into a place where every working person can be an employee-owner! The MICEO is a proud member of the Employee Ownership Expansion Network (EOX). EOX is a 501(c)(3) nonprofit organization acting as the Fiscal Sponsor for the MICEO while we await approval of our own 501(c)(3) nonprofit status. We rely on the #support of companies and individuals like you who believe in the power of #employeeownership. Your donation to EOX as the Fiscal Sponsor for the MICEO directly supports our mission in Michigan. Donate HERE: https://lnkd.in/gC-yAjC2