EMPLOYEE OWNERSHIP MONTH: THE BENEFIT OF PARTNERING WITH AN ESOP


October is Employee Ownership Month, a time to celebrate the positive impact employee-owned businesses have on their employees, communities, and most importantly, their customers. As a 100% employee-owned company, LBS is proud to be part of this movement, and we want to highlight how our ownership model creates unique advantages for those who choose to partner with us.

What Employee Ownership Means

LBS operates as an ESOP (Employee Stock Ownership Plan), which means each employee has a stake in the success of the company. This ownership structure fosters a culture where every team member is committed to excellence, innovation, and customer satisfaction. We’re not just employees—we’re owners with a vested interest in ensuring your success.

The Benefits to Our Customers

Working with an employee-owned company like LBS means you’re partnering with a team that goes beyond a typical vendor relationship. Here’s why that makes a difference for you:

  • Accountability at Every Level: As owners, each employee at LBS takes full responsibility for the quality of service and products we deliver. Every decision we make is viewed through the lens of long-term success, and that success hinges on meeting and exceeding your expectations. We take ownership —literally—of every interaction and every outcome.
  • A Motivated Team: Employee-owners are driven by the shared goal of growing the business sustainably. This means you can count on us to be proactive, innovative, and always ready to find the best solution for your needs. When employees are invested in the success of the company, they are more engaged, creative, and dedicated to delivering the best results for customers.
  • Long-Term Relationships Built on Trust: Our goal isn’t just to sell products—it’s to build lasting partnerships. Because each team member has a personal stake in the company’s success, we approach every relationship with a long-term perspective. We’re committed to fostering trust, ensuring transparency, and providing consistent support. We see ourselves as an extension of your team, working collaboratively to help you succeed.
  • Community and Sustainability Focus: Employee-owned companies tend to be deeply rooted in their communities, and LBS is no exception. As owners, we understand that our success is tied to the well-being of our employees and the communities we serve. We make decisions that are not just economically sound but socially responsible. This mindset translates into sustainable practices, ethical business decisions, and a commitment to making a positive impact on the industries we serve.

Celebrating Employee Ownership Month

This October, we celebrate Employee Ownership Month by reaffirming our commitment to our customers, employees, and the communities we serve. We are proud to be part of an employee-owned company where each of us is empowered to drive success,
and we believe that this model is a key differentiator in the quality of service and support we provide.

Thank you for partnering with LBS. When you work with us, you’re not just working with a company; you’re working with a team of dedicated employee-owners who are passionate about helping you achieve your goals.