Employee owned stores have a massive competitive advantage over corporate owned stores.
They have no shareholders.
Corporate stores need to show consistent growth in profits, not simply consistent profits.
Employee owned stores can at least get by without making more profits year after year, as long as they make enough to pay themselves and keep up with maintenance.
Employee owned stores have a massive competitive advantage over corporate owned stores.
They have no shareholders.
Corporate stores need to show consistent growth in profits, not simply consistent profits.
Employee owned stores can at least get by without making more profits year after year, as long as they make enough to pay themselves and keep up with maintenance.
Employee owned stores can even get by with exact 0 profits, since the employees would’ve already gotten their fair share in the form of their salary.