Employee-ownership plans increasingly common: Selling to staff allows owners to ease back, gives workers stake in firms' success

When Unique Home Solutions owner Bob Dillon started thinking about retirement, he knew he didn't want to sell his company to the highest bidder. After all, he and his 125 employees worked hard to establish a corporate culture that has helped the service firm triple revenue in recent years-and win the Better Business Bureau's Torch Award for marketplace ethics four times. So like a growing number of baby boomers, Dillon is planning to sell the business to his staff through...

 

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