What is the difference between steward ownership and traditional shareholding?

In steward ownership, there are no traditional shareholders. Instead, there are stewards who manage the company with a focus on the mission, not personal financial gain. Profits are used to achieve the company's goals, not to be distributed to shareholders.

Can a steward-owned company still be profitable?

Yes, steward-owned companies can and should be profitable. The difference is that profits are used to support and grow the company's mission, rather than being distributed to external shareholders.

Is steward ownership suitable for every type of business?

Steward ownership can work for many different types of businesses, but it is best suited for companies with a strong mission or social purpose. It is especially suitable for entrepreneurs who want to protect their company from short-term profit motives.

How can employees be involved in steward ownership?

Employees can be involved in various ways. They can become stewards, participate in decision-making, or gain a stake in the company through employee participation. This increases their engagement and motivation.

Is it difficult to transition to steward ownership?

The transition does require some preparation and adjustments to the company structure. It is important to seek legal and financial advice. But with the right guidance, it is certainly achievable for many companies. Contact us for more information.

Can a steward-owned company still attract investors?

Yes, it can. There are investors specifically interested in companies with a strong mission. Moreover, steward-owned companies can still attract financing through loans or special forms of non-voting shares.

What happens to a steward-owned company if the founder leaves?

In steward ownership, there is a succession plan. Responsibility is transferred to new stewards who understand and want to continue the company's mission. This ensures continuity, even after the founder leaves.

What is steward ownership? And what are the benefits?

What is steward ownership?

Steward ownership is a new way to run companies. It is not just about making profits, but also about achieving important goals. In steward ownership, there are no regular shareholders. Instead, there are 'stewards'. These stewards ensure that the company operates well and follows its mission. They are not allowed to sell the company for personal gain. This ensures that the company can continue to work towards its long-term goals. Steward ownership helps companies stay true to their original ideas.

How does steward ownership work?

Steward ownership has two main rules. First, the company governs itself. There are no external shareholders making decisions. Second, profits are used to achieve the company's goals. It is not about getting rich quickly. Stewards are often people who work in the company or are closely connected to it. They know the company well and can make good decisions. They do not only look at money, but also at customers, employees, and the future of the company.

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Steward ownership and STAK

Steward ownership is somewhat similar to a STAK. STAK stands for Stichting Administratiekantoor. In a STAK, shares are managed by a foundation. Steward ownership goes a step further. It provides more freedom to focus on the company’s mission and reduces the chance that the company will be sold to those looking only for profit.

Benefits for Employers

Steward ownership has many benefits for employers. It helps attract and retain good employees. People prefer to work for a company with a clear purpose. It also provides more stability. There is less pressure to make quick profits. This allows the company to make better long-term decisions. Employers can focus more on quality and innovation. This is beneficial for both the company and its customers.

How do you start with steward ownership?

If you want to implement steward ownership, there are a few steps to take. First, you need to think carefully about your company's mission. What do you want to achieve? Then you select people who can act as stewards. These can be employees, but also others who know the company well. You also need to adjust your company’s legal structure. It’s wise to seek help from experts for this, such as RoundE. We can help you to set everything up properly.

Conclusion

Steward ownership is a modern way to run companies. It helps you stay true to your company goals. It provides more stability and employee engagement. As an employer, you can build a company that not only makes profits but also makes a real difference. Do you want to learn more about steward ownership? Then contact experts who can help you with its implementation.

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