Small businesses are the backbone of America, employing half of all workers and powering 44% of our economy.
However, when small business owners retire, 70% fail to find a buyer, often forcing them to shut their doors forever.
The owner loses their retirement money and legacy, the company’s employees lose their jobs, and the community loses a valuable business.
Teamshares buys small businesses from retiring owners, grants 10% ownership of the business’s stock to employees after closing, and progressively increases employee ownership to 80% within 20 years. Employees earn stock through ongoing service. They do not have to buy stock.
We do this because we believe employee ownership is a win-win, with better financial outcomes for the employee owners and the business.
The result is a network of financially durable companies that never have to be sold again. Retiring owners, employee owners, companies, and local economies are all better off.
Stephanie L.
Employee owner since 2021
Small business owners retire confidently by selling their business to a company with a great close rate and track record of doing right by people. Their business remains local and their legacy becomes employee ownership.
Teamshares recruits a talented, mission-driven president to lead the company forward. They begin with an intensive training program and continue to learn through on-the-ground experience and support from the Teamshares network.
Employee owners earn stock ownership through continued service in the business and now benefit from the upside of the company’s growth. Through aligned incentives, education, and open-book financials, employee owners have a direct impact on their future wealth.
Susan T.
Network company president since 2022
employee-owned companies
states
industries
Mitch H.
Retired owner since 2021
new wealth created for employee owners
new employee owners