The Good Deals Pioneers Fund is offering a significant cash investment and an estimated £50,000 business support via the Young Foundation's Accelerator programme. The closing date for applications is Friday 26 October – get involved now to kick-start your start venture.
Video: the case for employee-owned business – David Erdal interview part 1
Economists will tell you that employees will extract money and they won't invest enough. Company after company after company proves that's not the case.
Matt Black meets David Erdal, a pioneer of the employee-owned business movement and author of Beyond the Corporation: Humanity Working.
There are a lot of preconceived notions about employee-owned businesses: they are 'reactive', 'slow growers' and cannot take on capital, for example. But do these objections stand up to scrutiny?
But if employee-owned businesses are so effective, why are they such a fringe business pursuit? In the second part of the interview Erdal discusses the barriers to the creation of these organisations. Stay tuned to LIVEWIRE for details.
David Erdal, is non-executive director of Baxi Partnership and Author of Beyond the Corporation. If your business is interested in becoming employee-owned, you can contact Baxi Partnership on 0845 680 6702, email firstname.lastname@example.org or visit their website to find out more.
If you liked this article why not sign up for our weekly news bulletin LIVEWIRE by clicking here?