Teamshares Stock

Founded with the mission of preserving and empowering small businesses across the United States, Teamshares offers a pioneering approach to employee ownership. The company was created in response to the significant challenge faced by retiring small business owners, 70% of whom struggle to sell their businesses, often leading to closures and the loss of valuable community assets. Teamshares addresses this issue by purchasing these businesses and transitioning them into employee-owned companies, ensuring their continued operation and local economic impact. The process begins with Teamshares acquiring the business from the retiring owner and immediately granting 10% ownership to the employees. Over a 20-year period, this ownership stake increases to 80%, providing employees with a significant and growing financial interest in the company’s success. Importantly, employees do not need to buy into this ownership; rather, they earn stock through their ongoing service and contribution to the company. This model aligns the interests of the employees with the long-term health of the business, fostering a culture of shared responsibility and financial growth. Teamshares also goes beyond ownership transfer by offering extensive support to ensure the success of these transitions. The company provides educational resources, proprietary software, and financial products designed to guide businesses through the complexities of becoming employee-owned. This comprehensive support helps maintain stability and promotes sustainable growth, ensuring that these businesses can continue to thrive in the long term. With an ambitious goal to create a network of 10,000 employee-owned businesses, Teamshares has already made significant strides. The company has established 90 employee-owned companies across 31 states and 42 industries, generating over $30 million in new wealth for more than 2,500 employee owners. By focusing on creating financially durable companies and empowering employees through ownership, Teamshares is playing a crucial role in preserving small businesses and enhancing the wealth and economic security of American workers.