Our employee ownership learning journey to Renfrewshire and Lanarkshire is taking place on 28 & 29 February 2024. To help give a flavour of what to expect as part of the learning journey we caught up with guest speaker and workshop leader Dave Routledge, a passionate employee ownership advocate for most of his career who […]
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We’re getting ready to host our first co-op masterclasses next month. In the run up to the event we caught up with co-op specialist Suzanne Orchard to find out more about the new events and what is in store for those who sign up. “As Scotland strives to create a wellbeing economy, co-ops can play […]
Are you thinking about selling your business? Planning for succession is one of the biggest challenges a business owner will face, but giving the topic early consideration can mean better results for the employer, the employees and the business. Employee buyouts are becoming an increasingly popular succession option in Scotland. Being employee-owned gives staff a […]
Here are some of the most common asked questions about employee ownership. To view the full list of FAQs, visit the Scottish Enterprise website. What is the definition of employee ownership? Essentially, a company is employee-owned when the majority of its shares are held by staff members. But there is more to the prospect than […]
An employee-owned business is one where the employees, rather than external shareholders, hold the majority of the shares – either directly or through an Employee Ownership Trust which buys the business on behalf of the employees. There is no one model of employee ownership. The structure can be shaped to fit with the company and […]
Discover co-ops at informative, interactive and fun FREE workshops in Glasgow or Edinburgh. Are you thinking of starting a business? Or looking for a different approach to your existing business or community venture? Do you want it to be inclusive, democratic and empowering for everyone involved? Join us at one of our interactive and fun […]
It seems to come round quicker each year but as we rapidly approach 2024 and thoughts turn to plans for the next 12 months, we always like to take time to reflect on what has been achieved in the previous year. And it’s certainly been a busy one! We caught up with some of our […]
Our specialist adviser Glen Dott attended the recent EOA Conference 2023 which took place in Liverpool on 27-28 November 2023. With 2 days of jam-packed activities, from keynote speakers, breakout sessions, silent theatre, fireside chats to the exhibition area, conference dinner and networking opportunities, we caught up with Glen for his top five takeaways from […]
The final Employee Ownership Explained webinar in the current series discussed share schemes within the EOT business. This was a topic much requested by previous attendees and we were lucky enough to have speakers Rodger Cairns and Gavin Charlton from Shepherd & Wedderburn who are very experienced in this field and this made for an […]
Co-operative Development Scotland (CDS) can help you learn more about employee ownership through a variety of resources. CDS can also provide business owners up to three days of funded support with an experienced adviser to help them explore their options. Employee Ownership Resources Research and FAQs Video Guide: Employee ownership- the basics Video Guide: Selling […]
Co-operatives are democratically run organisations owned and controlled by their members to meet the needs of those members. This type of inclusive business model creates strong, diverse and stable businesses generating shared wealth that put people and place on equal footing to profit. Membership can be made up of employees, customers, residents or other business […]
The second Employee Ownership Explained webinar in the series took place featuring legal experts Douglas Roberts and Nimarta Cheema of TLT LLP. The full webinar presentation can be viewed here: Deep Dive into the EOT 25.10.23 Douglas kicked off with a summary of the recent Employee Ownership Association report that showed employee-owned firms experienced uplift […]
New research published by Co-operatives UK in September 2023 shows the continuing growth and resilience of the sector in Scotland. The full report, titled Co-operative and Mutual Economy 2023, provides a combined, comprehensive dataset on the democratic economy across the UK and presents a compelling case for harnessing the full potential of co-operatives and mutuals. […]
Who is Kooble? Kooble is a ground-breaking booking platform co-owned by hospitality businesses. Launched in 2024, it aims to create a fairer and sustainable booking platform reducing the commissions typically paid by businesses to Online Travel Agencies (OTAs). Kooble will level the playing field and direct profits back to the hospitality businesses through dividends. It […]
This summer has seen one of the most significant announcements in the co-op sector in Scotland for some time. Long established online restaurant deals and reservation provider, 5pm, have signalled their intentions to completely overhaul their operating model and transition to a co-operative, creating what is thought to be the first platform of its type […]
Over the summer we issued an invite to the co-op sector to share their insights with us and help us inform our plans for 2023. With the responses now in and feedback collated, our specialist advisor, Stewart Macgregor outlines some of the key findings in our latest blog article: As the only public-sector-funded service in […]
Co-operative Development Scotland (CDS) on behalf of all Scotland’s enterprise agencies (Scottish Enterprise, Highlands & Islands Enterprise and South of Scotland Enterprise), contributes to the Plural Ownership pillar by supporting companies and community groups across Scotland that want to adopt an inclusive business model such as employee ownership or a co-operative. CDS is delivering a […]
The first Employee Ownership Explained webinar in the series kicked off with a look at the tax impact on the Employee Ownership Trust (EOT). This was a topic much requested by previous attendees and we were lucky enough to have speakers Nick Wright, Associate Director at Jerroms Miller Specialist Tax who has worked on a […]
The second annual Oxford Symposium on Employee Ownership took place last month. Organised by Graeme Nuttall OBE and Professor John Hoffmire, the aim is to bring together individuals and organisations active in employee ownership policy-making from across the world to share ideas and learning. The number of nations represented was impressive: there were at least […]
While one trades in Steel and the other in Numbers, two more Scottish companies – Alexander (Scotland) & Co and Glen Drummond Chartered Accountants – have proved they see the value in becoming employee-owned, handing their respective employees a 100% share via the creation of an employee ownership trust (EOT). It is a choice being […]