Business View Magazine - August 2024

contributions, further enhancing motivation and engagement. That mentality has paid the company back well, as Acme’s commitment to excellence has earned it several accolades. The company is a part of the HDA Truck Pride marketing group, consistently ranking in the top 15 nationwide. Acme has also achieved platinum partner status with vendors like Bendix and Phillips, meeting and exceeding purchasing goals for seven consecutive years. Additionally, employees have been recognized for Acme’s customers rely on it for replacement truck parts for their fleets and individual needs, but more importantly, they stay with Acme due to its acrossthe-board dedication to quality service. This is where the true value of the ESOP Structure shines through,as it passively enhances the company’s visibility and sales, allowing employees to leverage the ESOP’s very reputation for the company’s benefit. Employee ownership fosters a sense of accountability and motivation, as employees understand that their efforts directly impact the company’s success. This ownership mentality drives higher performance and dedication and annual statements help employees see the tangible benefits of their 84 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 08

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