An employee-owned business is a company in which the employees own a significant or entire portion of the business. This type of ownership is becoming more and more popular, as employees see the benefits of owning a piece of their workplace and career. Here are some key reasons why you should shop for Kimonos and Yukatas from an employee-owned business,
An employee-owned business is operated and controlled by its employees. Employees take ownership through stock, stock options, profit sharing and other methods. Some of the many benefits of employee-owned businesses include higher productivity and job satisfaction, lower employee turnover, and better sustainability. Employee ownership gives employees a stake in the success of their own company and future.
Employee-owned businesses are different from traditional businesses in a few ways. First, profits are shared among all employees, not just executives and upper management. Second, everyone has a voice in decisions made about the business. Third, employees can earn a livable wage and benefits. In most traditional businesses many staff only receive minimum wage. With many consumers opting to purchase Fair Trade products which ensure foreign workers receive fair and livable wages, an employee owned business represents the same thought process in the USA.
When a company is employee-owned, all staff have a personal stake in making sure it succeeds. This means that they’re more likely to take care of their customers, offer high-quality products and fair pricing. Owners have incentive to provide value to their customers, since their livelihood depends on it. Employee ownership not only helps the company and its employees, but it also helps communities as a whole. Employee-owned businesses are more likely to stay in the community, hire locally, and support other local businesses.
Employee-owned businesses not only give back to their employees, but they also care about their customers and the environment. Everyone wants to succeed and this success trickles down to others in each community. The profits stay in the community. And that means more money for schools, parks, and other local resources. So if you’re looking to support the local community process or shop local, consider buying from an employee-owned business. You’ll be helping to keep a community strong and thriving. Thriving communities are more family oriented, respected, engaged, grateful and in turn this helps keep crime low. It’s a win-win-win formula.
Chopa – Your Kimono Source became a full employee-owned business in 2005. For the past 17 years we have grown stronger, provided more value to customers, excelled in service, selection, shipping and customer satisfaction. Our owners meet regularly to discuss events, customer service, comments and we plan together in a way that only a family can. As a 100% employee-owned firm, we have never been happier and don’t believe we would ever look back. Everyone, especially our customers benefit from this arrangement. We consider our customers family as well.
If you’re looking for a way to support local communities, get quality products and added value at the same time, consider buying from an employee-owned business! Chopa is proud to be employee owned. We thrive because of it. Join us and shop our online store for the kimono you need and more importantly, the kimono you deserve. Now Get Your Kimono On!