Pizza shop owner turned his business into a worker-owned co-op

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 99%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Six years ago, Kirk Vartan turned A Slice of New York Pizza into a co-op by selling the business to his staff as a leveraged buyout. The employee-owners are now paying back a business loan with the profits generated by the company. And they all run the shop as a board of directors.

There is something different about A Slice of New York Pizza in San Jose. And it goes beyond their award-winning pies."We're a worker co-op, which means all the members and owners of the business work in the business," said the restaurant's founder Kirk Vartan. He started the business 17 years ago.Six years ago, he turned it into a co-op by selling the business to his staff as a leveraged buyout.

"It's not just a job. It's our baby!" said Colin Webster. This was his first job when he turned 18 ten years ago. He now chairs the board. It's not a new business model, but it is getting a lot more attention after the pandemic wiped out many small businesses.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 1. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인