About Teamshares
At Teamshares, we are passionate about transforming the landscape of small businesses in America. Our mission is to create a network of employee-owned small businesses, empowering the workers who create value in these companies. We recognize that small businesses play a pivotal role in the economy, employing half of all workers and generating 44% of economic activity. Yet, when owners retire, a staggering 70% of them struggle to find buyers, often leading to closure. This is where we step in.
We purchase small businesses from retiring owners and implement a structured plan to transition ownership to employees. Our goal is for these businesses to become 80% employee-owned within two decades, starting with a 10% stake granted to employees post-sale. This approach not only secures the jobs of dedicated employees but also enables them to share in the financial successes of the business. We leverage proprietary software, comprehensive education, and innovative financial products to nurture these businesses and their new owners.
FAQs
- When was Teamshares founded?
- Teamshares was founded in 2019.
- Who is the CEO of Teamshares?
- Michael Sutherland Brown is the CEO.
- What industries or markets does Teamshares operate in?
- Teamshares operates in the following markets: Employee Ownership, Small Business Acquisition, Business Succession Planning, Workforce Empowerment, Financial Services, Business Transition Services, Small Business Support, Proprietary Software Solutions, Educational Services, and economic development.
- How many employees does Teamshares have?
- Teamshares has 51-200 employees.
- Where does Teamshares have employees?
- Teamshares has employees in United States.
- Is Teamshares hiring?
- Yes, Teamshares has 3 open remote jobs.
- Does Teamshares support remote work or working from home?
- Yes, Teamshares is a remote-friendly company.
- Does Teamshares offer a four-day work week?
- No, Teamshares does not offer a four-day work week.
- What is Teamshares's website?
- Teamshares's website is www.teamshares.com.