From July 2022: Bret Keisling is joined by Anne-Claire Broughton of Broughton Consulting and founder of the North Carolina Employee Ownership Center, who discusses small business transitions to employee ownership, open book management, and The Great Game of Business, B-corporations, and how employee ownership improves urban and rural areas and supports members of the BIPOC communities.
In this episode, we refer to several ESOP transitions that Anne-Claire Broughton consulted on:
The Electric Violin Shop.
Sow True Seeds. (We also covered Sow True Seeds on Mini-cast 169: Sow True Seed Becomes Employee Owned.)
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This episode was originally released on July 26, 2022 as Episode 208: Anne-Claire Broughton of Broughton Consulting.
Episode 280 Show Notes
About Anne-Claire Broughton
Principal, Broughton Consulting, LLC
Founder and Board Vice Chair, NCEOC
Anne-Claire Broughton is Principal of Broughton Consulting, LLC, a certified B Corporation which helps organizations engage employees at all levels for business success through open book management, employee ownership, and healthy organizational cultures. Broughton is a contract open book management coach with The Great Game of Business, and she also helps business owners plan for succession via employee ownership (ESOPs, worker cooperatives, and Employee Ownership Trusts). In addition, Broughton is Founder and Board Vice Chair of the North Carolina Employee Ownership Center. She previously spent more than 13 years advising early-stage business as Co-Founder and Senior Director of SJF Institute (a business accelerator affiliated with SJF Ventures and Investors’ Circle).
About Broughton Consulting
Broughton Consulting helps businesses build thriving workplace cultures of engagement, accountability and results. Key aspects of this work include identifying key success metrics for each organization; drawing a direct line of sight between each employee’s daily activities and those metrics; developing effective accountability systems; and creating strategies such as profit sharing plans and broad-based stock options to reward employees for achieving those metrics. In addition, the firm develops and publicizes case studies and other business peer-to-peer platforms communicating best practices in employee engagement and employee ownership; helps small- to medium-sized private enterprises develop sustainable business models, connect with potential investors, and plan for business succession through employee ownership; and provides strategic planning and impact assessment systems for nonprofits.
Broughton Consulting LLC became a certified B Corporation in 2017 and was re-certified in January 2022. In 2019, Broughton Consulting was honored as Best for the World: Customers for its work on behalf of underserved populations.
About NCEOC
The North Carolina Employee Ownership Center (NCEOC) serves as the central hub for employee-owned businesses in North Carolina. Its primary mission is to educate business owners and their advisors (lawyers, bankers, accountants, wealth advisors) on the benefits of employee ownership via Employee Stock Ownership Plans (ESOPs), worker cooperatives, and Employee Ownership Trusts (EOTs). The NCEOC provides resources, case studies and articles, and a list of service providers who can assist with employee ownership transitions. NCEOC serves the entire state of North Carolina, with a particular focus on outreach to minority-owned businesses.
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Standard Disclaimer: The views expressed herein are my own and don't represent those of my own firms or the organizations to which I belong. Nothing in the podcast should be construed as guidance or advice of any kind in any field and the fact that I mentioned an organizational website or an advocate or a company on a podcast does not reflect an endorsement, but if you've heard your name or your group's name mentioned on this podcast, I'd love to have you come on and talk about it yourself.
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