Here comes summer! Time to take a breather, relax, and catch some summer rays. ESOP Builders wishes you a relaxing break with family, on the road, or at the cottage. We know you will all be ready to come back and tackle the business at hand with renewed energy in September.

2016 Canadian Employee Ownership Conference
The annual Canadian Employee Ownership Conference - Where Success is Owned - is being held next week in Kelowna, BC.  Whether you’re an employee-owned company or interested learning about the model, this conference will create new connections, share best practices, and highlight the strength and diversity of employee ownership in Canada. This is an opportunity for Canadian business owners to learn how employee ownership can be used as a tool for business growth or as an exit strategy.  Find more information on speakers, sponsorship opportunities, and registration at esopconference.ca. 

Checklist:  Is an ESOP a Good Fit For Your Company? - Part 1
Our experience shows there are key attributes that suggest a company is a good candidate for an employee share ownership plan (ESOP). Read through these questions to learn if an ESOP is a good fit for your company... [More...]

Five Ways an ESOP Gives Companies the Edge
By Amanda DeVito from NCEO Newsletter

Does ownership make a difference in finding and keeping customers? The answer may depend on how your company empowers employees to think and act like owners and on how you communicate such characteristics of your company to clients. In the following article, Amanda DeVito, the vice president of engagement at employee-owned Butler/Till explains how her company talks about why employee ownership matters.... [More...]

When a Little Humility Goes a Long Way
From the NCEO Newsletter 
At one of the NCEO's Get the Most Out of Your ESOP seminars several years ago, an ESOP communications and culture forum, practitioners and attendees discussed one of the tougher obstacles to developing effective ownership cultures, and it had nothing to do with communicating technical information, engaging employees, or creating an effective process for generating new ideas.  The real challenge discussed at this meeting was one company's leadership... [More...]

Beau's Brewery Implements an ESOP
On its 10th anniversary, the owners of Canada’s largest organic brewery, Beau’s All Natural Brewing Company, announced it will be selling the company to employees.

The owners, a father-and-son team, said selling to employees ensures the Vankleek Hill, Ont., brewery that has  approximately 150 employees stays independent, an important ideal for the founders.... [More...]

All the Canadian ESOP Guidance You Need in One New Book

ESOPs in Canada: How to Implement an Employee Share Ownership Plan to Grow and Exit Your Business with Your Legacy Intact is a comprehensive and practical guide to every aspect of designing and implementing an Employee Share Ownership Plan in Canada.
 

“This is a must read for those business owners thinking about exploring the notion of employee ownership and discovering that “skin in the game” for those on the front lines of leadership is a secret weapon to surpassing your wildest dreams and forecasts! It is magic”

~ Doug Flynn, CEO, Flynn Group of Companies

Notable Quotables
"The way to get started is to quit talking and begin doing." -- Walt Disney

Upcoming ESOP Events
See ESOP Builders events page for details on upcoming ESOP events. 

Canadian ESOP and Ownership Thinking Books

ESOPs in Canada: How to Implement an Employee Share Ownership Plan to Grow and Exit Your Business with Your Legacy Intact (2015) by Perry Phillips and Camille Jensen.  Buy this book on Amazon or FriesenPress.

The $10 Trillion Opportunity: Designing Successful Exit Strategies for Middle Market Business Owners: A Guide for Professional Advisors - Canadian Edition (2007) by Perry Phillips and Richard E. Jackim.  Buy this book on Amazon. 　
　
Dr. Carol Beatty's book, Employee Ownership: The New Source of Competitive Advantage (published by Wiley and Sons 2001 - ISBN 0-471-64641-5).  Buy this book on Amazon.
　
Brad Hams' book, Ownership Thinking: How to End Entitlement and Create a Culture of Accountability, Purpose, and Profit (published by McGraw-Hill 2011- ISBN-10: 0071772456 - ISBN-13: 978-0071772457).  Buy this book on Amazon.

If you have any questions or feedback (or suggestions for future email newsletter content), please let us know at lisa@esopbuilders.com　　 　

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