Worker-owned businesses are companies that are owned and managed by their employees. In this model, workers have a direct stake in the success of the business, which can lead to increased motivation and job satisfaction. Decisions are often made collectively, allowing employees to have a say in how the business operates. These businesses can take various forms, such as cooperatives or employee stock ownership plans (ESOPs). By sharing profits and responsibilities, worker-owned businesses aim to create a more equitable workplace. This structure can also contribute to local economies by keeping profits within the community.