The Philosophy that allows ESOPs (Employee Share Ownership Plans) to create incredibly successful companies.

First is the philosophy of personal wealth creation. Employees are motivated by financial gain and ESOPs deliver wealth.

Second is the philosophy of cultural engagement on a personal basis. The Theory of Group Wisdom holds that groups are more successful over individuals due not to the intellect of each person but due to the social interaction of the group. ESOPs create the conditions of group success through a participative culture of engagement.

The combination of personal wealth creation and social interaction create a synergy that few non-ESOP companies can match. The results are ESOP companies with higher productivity, higher profitability, more innovation, and wealthier employees.

By Perry Phillips, President and Founder of ESOP Builders Inc.

Learn more about the 2018 Canadian Employee Ownership Conference in Edmonton, AB – June 4-6.


Employee Share Ownership Plans from the Owner’s Perspective

Most owners of privately-held companies are also the founders.  Why?  At some point in the past, they had a dream and a desire to own their own business.  For many, this required giving up a secure job working for someone else and entering the uncertain and ambiguous realm of an entrepreneur.  Although there was a huge risk, they believed in themselves and their dream, and they took the leap.  For many, this required using their own savings, as well as putting their house and everything they owned on the line as collateral.  This was not an easy decision on their part.

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Thinking of a Stock Option Plan for your Company?

When business owners think of offering their employees equity in the company, a stock option plan often comes to mind.

Stock options can be a great tool for owners to engage their employees and attract and keep talented staff. So let’s discuss what stock options are, and in what scenarios they perform best.

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ESOPs Offer a Retirement Savings Solution

If Canada is facing a retirement savings crisis, then expansion of Canada Pension Plan (CPP) is only a small part of the solution. How else can we encourage Canadians to save for retirement?

A model that’s proven to be extremely effective in helping more people build wealth while keeping businesses competitive is employee share ownership plans (ESOPs).

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Beau’s Brewery Implements 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 through an Employee Share Ownership Plan (ESOP).‎

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 factor for the founders.

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