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FLson

(93 posts)
1. Shareholders that aren't employees are best kept in the dark.
Mon Nov 2, 2015, 08:51 PM
Nov 2015

Shareholders are gamblers in small businesses. In large businesses they'll take longer and more conservative positions on things. In smaller businesses, they'll bail at the first hint of trouble or reduced ROI. If they can't bail with their money they'll bail with their support and create competitors which can drive the initial business into bankruptcy and thus be allowed to break most of their contracts (including agreements with unions).

The smarter move to me would have been to go to the shareholders with a plan to allow employees to buy in as shareholders as a way of improving their pay and benefits. Make employees a part of the business, not merely something in it.

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