Start a co-op instead it's like this but ownership is also distributed.
Pretty sure Democracy at Work has resources on how to start and organise coops
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I mean if you're going to be the actual owner of a business, it doesn't even make sense to pay your workers like it's a worker-owned place - are they just a pallete-swapped Nathan J Robinson?
Even if the business does profit-sharing or whatever, ultimately revenues feed into the valuation of the company - if you're the sole owner, then you get to keep all the money when you sell the business .
the valuation of the company
Valuation in a lot of small businesses like these is likely little more than the accumulation of assets, assuming they own their storefront or manufacturing equipment. Most potential buyers at that scale are probably looking for the real estate to run some other venture vs continue whatever they're doing. It's not like they're an industrial firm, have tons of land, or legally hold valuable IP. I doubt anyone would be buying them for their brand, especially if it would evaporate upon transfer to more exploitative owners.
Of course it would be better if it were actual ownership and democratically run, but as far as exploitation goes, this is about the minimum you'll find outside of going full worker co-op.
Actually shit she just explains it. https://vm.tiktok.com/ZMR9GRYrb/
Doesn't look like she's ever planning to sell it. Looks like what she wants to do, she mostly employs people who came from attempted co-ops.
Is her math wrong or am I high? $250 a day times 4 days a week times 52 weeks in a year equals out to a salary of $52k, not $72k or whatever she said.
Neat. The math seemed weird to me as well, but I'm glad she's not full of shit on the numbers. Like yeah private ownership of capital is bad but this is close to least bad. At least she's putting her money where her mouth is.