Why 20/20 Plumbing & Heating is an Employee-Owned Business
20/20 Plumbing & Heating has a business model that few are familiar with: an ESOP. This means the company is owned by employees through an Employee Stock Ownership Plan (ESOP).
There are about 7,000 ESOPs in the US, employing 14 million workers and accounting for about 10% of the private sector workforce.
