Blogs

When considering options for transitioning a business to employee ownership (EO), understanding the primary types of EO is crucial. Three distinct models have proven successful across different industries and company sizes: All successful forms of EO lead to increased productivity and profitability as employees gain a direct stake in the company’s success, especially when paired…

We are excited to announce that Illa Burbank has joined the North Carolina Center for Employee Ownership (NCEOC) as our new Executive Director. With over three decades of extensive experience in the business world, Illa brings exceptional expertise in leading organizations and harnessing the benefits of employee ownership. Her unique blend of expertise, passion, and…

Those who offer professional services to small businesses in North Carolina, such as exit planners, financial advisors, and CPAs, are invited to dive deeper into employee ownership concepts through our upcoming ExitPro Workshops. Crisis Facing North Carolina Businesses We are experiencing a ?Silver Tsunami? in North Carolina: Baby Boomers (who own half of all small…

At NCEOC, we look forward to spreading the word about employee-ownership far and wide in 2025, especially through special events and workshops. These specially curated programs are designed to educate stakeholders, uplift employee-ownership experts, and inspire attendees through stories of experience.  Our goal is to help more people, businesses, and communities understand employee-ownership models and…

The North Carolina Employee Ownership Center (NCEOC) is on a mission to protect jobs, increase community wealth, and create a more vibrant, inclusive economy through the power of employee ownership. For the past five years, we have played a vital role in fostering economic empowerment across the state of North Carolina. We fulfill our mission…

THE SUBMISSION PERIOD FOR THIS JOB HAS PASSEDJob Description: North Carolina Employee Ownership Center Executive Director Overview The North Carolina Employee Ownership Center?s (NCEOC) mission is to protect jobs, increase community wealth, and create a more vibrant, inclusive economy through employee ownership. We share stories, build partnerships, and provide unbiased information on business succession options…

Stories from experience are one of the most powerful ways to understand the impact of employee ownership models. Let?s explore the story of the North Carolina Employee Ownership Center?s 2024 Employee-Owned Company of the Year, Salem Fabrication Technologies Group, located in Winston-Salem, NC.  About Salem Salem Fabrication Technologies Group was founded in 1934 and incorporated…

We are pleased to invite employee owned companies, service providers, business owners, economic developers, chamber of commerce leaders, nonprofit leaders, legislators, and community members to our third annual employee ownership celebration!  This year?s event will take place on Thursday, October 24th from 4:00-6:00 p.m. at Footnote Coffee & Cocktails, 634 W. 4th Street Ste. #120…

Image: NCEOC Government Affairs Committee member Pamela Colley of SEL lobbying in DC on behalf of ESOPs in August, along with Mike Willard and Gale Marett of Salem Fabrication Technologies Group The North Carolina Employee Ownership Center (NCEOC) is pleased to announce the passage of Senate Bill 802 by the North Carolina legislature. This infrastructure…