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employee-owned business

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Noun1.employee-owned business - a commercial enterprise owned by the people who work for it
business enterprise, commercial enterprise, business - the activity of providing goods and services involving financial and commercial and industrial aspects; "computers are now widely used in business"


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The luck (or genius) was for Whitehall to establish the organisation as a company limited by guarantee, rather than as an agency, which allowed for a relatively easy transition to the employee-owned business - modelled on John Lewis - which it became in 2000, with 150 on the payroll.
Though the revenue from the real estate deals most likely would be small, in a memo to company staffers Sam Zell -- the man who led the privatization of the company, making it an employee-owned business -- said that the buildings need to be put to better use.
Dulas is an employee-owned business which was founded in 1982 by six engineers as a spin-off from the Centre for Alternative Technology.
 
 
 
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