NCEOC’s Anne Claire Broughton participated in a gathering of many of the state employee ownership center directors today convened by Employee Ownership Expansion Network in Tampa as a lead up to the The National Center for Employee Ownership (NCEO) conference starting now! #employeeownership
North Carolina Employee Ownership Center
Business Consulting and Services
Durham, NC 628 followers
NCEOC is the central hub for information and resources around employee ownership in North Carolina.
About us
We’re on a mission to preserve and protect the job and community impacts of small and medium-sized businesses throughout the state of North Carolina by helping to transition many to employee ownership. The North Carolina Employee Ownership Center (NCEOC) serves as the central hub for employee-owned businesses in North Carolina. Its primary mission is to educate business owners and their advisors (lawyers, bankers, accountants, wealth advisors) on the benefits of employee ownership via Employees Stock Ownership Plans (ESOPs), worker cooperatives, and Employee Ownership Trusts (EOTs). NCEOC provides resources, case studies, and articles, and a list of service providers who can assist with employee ownership transitions. NCEOC serves the entire state of North Carolina, with a particular focus on outreach to minority-owned businesses. - Our Values - A commitment to equity and inclusion. Our bylaws include a specific commitment to serving minority-owned businesses and businesses with 50% or greater employees of color. Serving the entire state of North Carolina. We have board representation from the east to the west of North Carolina and serve both urban and rural communities throughout the state. Focus on closing wealth gaps. Our passion for employee ownership stems from a desire to build and retain wealth for low-income workers and workers of color and to empower workers at all levels. Walk the talk. We contract and purchase from employee-owned and minority- and woman-owned companies and seek to partner with like-minded organizations.
- Website
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http://www.nceoc.org
External link for North Carolina Employee Ownership Center
- Industry
- Business Consulting and Services
- Company size
- 2-10 employees
- Headquarters
- Durham, NC
- Type
- Nonprofit
- Founded
- 2019
- Specialties
- Employee Ownership and Business Succession Planning
Locations
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Primary
Get directions
Durham, NC 27705, US
Employees at North Carolina Employee Ownership Center
Updates
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This article may be from October 2023, but it's still more than applicable to the silver tsunami of retiring business owners. https://ow.ly/e0Ze50QRGmT
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This #womenshistorymonth, we want to shine a spotlight on Marcelina Miguel, Co-Manager of Good Books, a minority-owned, women-led bookkeeping cooperative in Morganton, NC!
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Reflect on a society where opportunities are not just presented but shared. Employee ownership dismantles barriers, creating spaces where diversity thrives. 👥 We're curious what you think? #EmployeeOwnership #ESOPs #CoOps #NCEOC #EquitableSociety #LegacyBuilding
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For our next #womenshistorymonth spotlight, we want to celebrate Christy Almond. Christy is an NCEOC board member and the Vice President of Product Development & Marketing at Valdese Weavers, A 100% employee-owned ESOP company manufacturing decorative textiles in the foothills of North Carolina!
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For our next #womenshistorymonth spotlight, we want to celebrate Kel Hanna, SPHR. Kel is the Chief of Curation at Caktus Group, a worker cooperative custom web and mobile application development firm in Durham, NC!
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This #womenshistorymonth, we want to shine a spotlight on NCEOC founding board member La-Tasha Best-Gaddy. La-Tasha has played an integral in NCEOC's founding, early work, and ongoing success! Thank you La-Tasha for everything you've done to expand #employeeownership in NC!
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Envision a ripple effect... 🌊 🌊 🌊 Where a business's success isn't confined to boardrooms but radiates through local communities. Businesses transitioning to employee ownership become pillars of stability, influencing economies and fostering growth. Do you believe this impact can fuel a movement towards community-driven business models? Tell us in the comments! 💬 #EmployeeOwnership #ESOPs #CoOps #NCEOC #EquitableSociety #LegacyBuilding
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North Carolina Employee Ownership Center reposted this
In the contemporary business landscape, finding innovative exit strategies that benefit both business owners and employees equally can be quite the conundrum. However, one increasingly popular solution within the SME sector is the Employee Ownership Trust (EOT). This model not only facilitates a smoother transition of ownership but also aligns the interests of employees with the long-term success of the business. Read more...
Employee Ownership Trusts (EOTs): A Win-Win for Business Owners and Employees
EOT.co.uk - Employee Ownership on LinkedIn
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Join us in celebrating Gale Marett Salem Fabrication Technologies Group, Inc this #womenshistorymonth. Gale is the CFO of Salem Fabrication Technologies Group, Inc., a 100% employee-owned company. Read Gale's story below: I have lived almost all my life in NC, growing up on Carolina Beach, living in Winston Salem for almost 30 years, and now back in Wilmington looking forward to retirement in a few years. I am married, and have four children and two grandchildren. In the late 1980s, I worked in Wilmington for Worsley Companies, as the Retail Accounting Manager of their Scotchman (convenient) Stores division. I also worked for a stevedore at the State Port where we hired longshoremen to load and unload the ships that came into port. When we moved to Winston Salem for my husband’s job in 1994, I started working as the Business Office Manager for Salem Fabrication Technologies Group Inc. (Salem), a wholesale distributor of equipment and supplies for the glass fabrication industry, celebrating its 90th year anniversary. With the support of Salem’s management, I worked hard, gained additional responsibilities, and now serve as the CFO. My team handles all the accounting, IT, and HR functions of the company. I have a BS in Accounting and have been certified as a Professional in Human Resources. Salem is a 100% employee-owned company (ESOP), which adds a dynamic to the environment that many employees never get to experience. As an ESOP, employee-owners share in the success (and failures) of the organization. They also have the responsibility to do everything they can to make the company successful. I was fortunate to work for Salem with executive managers who saw potential, encouraged professional growth, and rewarded hard work. And now sitting on the Executive Operating Team, I am paying it forward as we strive to promote capable, hard-working, and trustworthy individuals to embrace more responsibilities.
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