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North Somerset businessman who passed company onto staff says employee-ownership ‘will be massive’

Cover of  by Chris Budd

Chris said: “Moving to employee ownership is a big step and needs a lot of thought and employee engagement. You have to plan and prepare for it.”

Chris thought his offer was ‘amazing’ when he first presented it to staff, but not everyone saw it that way at first.

He said: “They all love it now. But it did take a little explanation and time.

“An employee-owned business doesn’t look and act like any other type of businesses. It is a big change in culture.”

His book, The Eternal Business, will be published in September.

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