Michigan Center for Employee Ownership (MICEO)

Looking back on an inspiring #WMHCCConecta The West Michigan Hispanic Chamber of Commerce event! ?? Meaningful connections, valuable insights, and a strong sense of community made this gathering unforgettable. Now, with our new bilingual site setting, you can experience our website in the language that feels most natural to you! Explore the update at https://www.miceo.org/ and stay connected in the way that suits you best! #BilingualConnections?#MICEO #EmployeeOwnership

Based in #Zeeland, MI, employee-owned company DISHER has grown from a one-man operation in 2000 to an award-winning team of 130+ core team members and over 70 experts in its extended network. DISHER provides top talent in engineering, advanced product development, electronics, manufacturing tech, automation, and talent solutions. As an innovative problem solver, DISHER develops custom solutions for a variety of clients within a diverse set of industries throughout the United States with footprints around the world. Disher bridges the gap for clients who have projects to complete but lack the people, skills, or time to get it done. Learn more about DISHER: https://www.disher.com/ #Michigan #EmployeeOwned

Stay Updated with the MICEO Newsletter! ?? ?? Sign up today and be the first to know: https://www.miceo.org/ Get the latest news, insights, and resources on employee ownership directly from MICEO! From ESOPs to EOTs and beyond, our newsletter is your go-to source for all things employee ownership. Miss the latest update? Read it here: https://lnkd.in/g2R4HT5N #Newsletter #Michigan #FebruaryUpdate

Great design creates great businesses! ???? Join Roy Messing and industry experts at Design & Dine as they dive into the power of design in building valuable businesses. Don’t miss this opportunity to network, learn, and be inspired over a delicious meal! ?? Date: TOMORROW, 9:30 AM - 10:30AM ?? Location: Virtual Design & Dine ?? Register now: https://lnkd.in/gn4ty5f8 #businessgrowth #MICEO

When Joe Wojciechowski - owner of Wojo's Greenhouse in Davison, #MI - thought about his exit strategy, he initially assumed a third-party sale was his only viable option. After talking with advisors, he settled on an Employee Stock Ownership Plan (ESOP). This article is a great discussion of the common misconceptions that often deter business owners like him from considering an #ESOP. One common misconception is that creating an ESOP is "expensive and complicated." But according to Tim Jamison of Prairie Capital Advisors, Inc. (who advised Wojciechowski), “While there are setup and ongoing administrative costs, they’re often comparable or lower than the expenses involved in a third-party sale and often substantially less depending on the complexity of the sale.” The article concludes, "For horticulture business owners, the question isn’t just when to exit but how to do so in a way that preserves your life’s work and benefits everyone involved... As the industry grapples with challenges like declining valuations and market consolidation, ESOPs offer a compelling alternative." Read the article #HERE: https://lnkd.in/gXYpVa6U

#MICEO is thrilled to attend The National Center for Employee Ownership (NCEO) Annual Employee Ownership Conference, the top event for ESOPs and employee-owned businesses!?? ?? April 14-17, 2024 ?? Salt Lake City, UT Why attend? ?? Learn from industry leaders in expert-led sessions & workshops ?? Connect with fellow employee-owners & ESOP professionals ?? Discover new strategies to strengthen your ESOP ?? Get inspired by powerful keynote speakers Will you be there? Register now, and let’s connect in #SLC! ?? Sign up today: https://lnkd.in/gx4Dba3 #NCEO2025 #ESOP #EmployeeOwnership

#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