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eoa

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Guess what? As an employee owned business, you’re also a Robust Growth Champion. Okay, so what does that mean? Well, EO businesses are building a resilient growth economy. The sector has a significantly higher percentage of businesses that have delivered 10%+ growth in sales, profit, or headcount… While demonstrating lower insolvency over the last 5 years. That’s the headline finding from a new report produced by eoa Supporter member ThinCats in partnership with the eoa and Ownership at Work. The report puts the findings of the groundbreaking EO Knowledge Programme ‘People Powered Growth’ report to the test. The scale of comparison is unprecedented. 300+ EOBs were compared to 15,000+ matched non-EOBs. It found that EOBs are: ✅More likely to generate profit ✅More likely to be ‘robust growth champions’ ✅At lower risk of insolvency than non-EOBs It’s clear that by helping businesses be more successful and resilient through adopting Great EO practices, EO is driving stronger economic growth. And the results further legitimise the UK’s rapidly expanding EO sector. Read the full report now: 🔗 https://lnkd.in/eERtBNTK Our Chief Exec James de le Vingne said: “I hope this report serves as a valuable resource for stakeholders across the spectrum: business leaders, policymakers, and advocates – who are eager to explore and harness the transformative potential; employee ownership presents.” #Business #Growth #EmployeeOwnership #Economy #Finance

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