Factors Associated with Business Ownership - Essay Example

The aspect of King Arthur being fully owned by employees implies that all its operations are done in accordance with the decisions of the employees. This model implies that employees are provided with ownership interest. The firm provides the employees with aspects like stock ownership, which may hardly have any up-front cost to such employees.

In such a case, the employees take a key role in running the business organization including making informed decisions. Again, unlike other models where employees are completely kept out of issues concerning the business management, employees would have a feeling of accountability and would be pressurized by not only motivational factors but also factors associated with business ownership (Lewis,11). Answer to Question 2Working at the King Arthur Flour has a number of benefits. Unlike working in other business organizations where employees are kept in the dark as far as decision-making processes are initiated, working in this business organization would provide an employee with the advantage of being in a position to contribute to the business success.

In cases where employees have no ownership of the firms they work in, it follows that the only motivational factor is compensation. In the case of King Arthur Flour, employees understand that their efforts would yield some personal benefits. To the firm, benefits such as retaining good employees are achieved. This kind of ownership attracts and retains good employees. Small businesses or some business organizations that are perceived to have less attractive working environments have difficulties attracting or retaining good employees (Lewis pg9).

This happens as every good employee strives to get a bright chance in a good organization. Another benefit would be the aspect of buying out ownership. This happens when the original owner intends to leave the business, which makes the transfer of ownership easy. Answer to Question 3 King Arthur Flour is a great place to work because it generates employee motivation. Given that employees fully own the business, they would be fostered to work harder than they would do when working in firms owned by different stakeholders.

Employee ownership is highly found to foster employees’ commitments (Lewis, pg9). This in turn improves the ability of a firm to carry out different strategic activities that are important to the growth of the firm. It would therefore be a great chance to work in King Arthur Flour especially given that there would be a great chance to get a chance in owning some of the business shares (Lewis, pg8). This would be a motivating factor, which would in turn enhance my working ability. I would as well feel like part of the management irrespective of my job position since I would have a role to play in running the firm. I would therefore like to work in King Arthur Flour.