Picture this: You walk into work as usual, grab a coffee, and open your laptop.
However, today, you’re not just an employee. You’re a co-owner. And with that, your daily routine comes with a profound difference.
- But what does that difference tangibly feel like?
- What does it mean to co-own a business?
- And what are the benefits – and responsibilities – that come with the change?
Welcome to the third instalment of our Employee Ownership Know-How series, where we pick apart the misconceptions, myths, and unhelpful norms that go hand-in-hand with employee ownership. From implementation to public perception, we pull on personal and professional experience to carve the route to employee ownership that’s as fulfilling as it is functional.
What Is Employee Ownership, Really?
Paradigm Norton is a fully employee-owned financial planning business, built around shared values, long-term thinking and a belief in doing business differently. We became employee-owned in 2019 because we wanted our team to shape the future.
Which brings us to the next instalment in our EO Know-How series: what does it truly mean to be a co-owner?
The Benefits of Co-Ownership: More Than Just Profit
In this episode, Paradigm Norton Co-Founder, Barry Horner, explores what it really means to be a co-owner in an EO business. Let’s take a sneak peek at what this edition promises, starting with the benefits…
- Share in Success: When the company wins, you win, which can extend to a tax-free profit share of up to £3,600 a year in the UK.
- Have a Voice: Managed correctly, Employee Ownership can ensure your input truly shapes decisions – our guide showcases examples that go far beyond the suggestion box.
- See the Bigger Picture: From financial performance to future strategy, EO businesses are transparent by design (because you can only act like an owner if you’re informed like one!)
- Become Part of a Shared Purpose: Employee ownership breaks down the “them vs us” barrier. You’re not waiting for direction from above – you’re working side-by-side toward something bigger. Our guide goes into detail to showcase what this can look like.
Next is a snapshot of the responsibilities covered in the guide…
The Responsibilities: Ownership Means Showing Up
With ownership comes the responsibility to think differently:
- Think like it’s yours. What would you do if it were your money, your reputation, your future?
- Be resourceful. Treat time and tools as precious.
- Solve problems. Don’t just flag them; lean in and help fix them.
- Communicate well. Success in an EO business thrives on openness.
- Represent the brand. In every interaction, you are the business.
Ready to Rethink Ownership?
Dive into the third instalment of our Employee Ownership series now.
Who We Are
We do financial planning with a different mindset. Long-term relationships, values that guide decisions, and a people-first approach are at the centre of how we work.
Because we’re employee-owned, we all have a say in where the firm is going. That ownership keeps us focused – not just on helping our clients, but on building something strong and fair for ourselves too.
Discover our work, and how we do it, today.
*Any reference to tax treatment and/or benefits is based on our understanding of current UK tax laws, which may be amended from time to time.