New California law promotes worker-owned businesses

06 Jan 2023

California Employee Ownership Act, which will take effect this year, encourages smallbusiness owners to give their employees a stake in the company. Passed with unanimous support, the law sets up an employee ownership hub in the governor’s office to support companies that want to pursue this business model.

Original Link: https://www.marketplace.org/2023/01/06/new-california-law-promotes-worker-owned-businesses/

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