The collaboration introduces Reins' innovative stock and equity solutions to home service businesses LAS VEGAS , Oct. 31, 2024 /PRNewswire/ -- Reins , a pioneering technology firm dedicated to empowering small and mid-sized businesses through modern equity solutions, partners with Nexstar Network to offer its creative employee retention solutions to Nexstar's home service members throughout the United States . "It is important to Nexstar that we bring the most relevant industry leaders to their awareness," said Julian Scadden , president and CEO of Nexstar Network.
"Reins offers options that will help our members honor the key contributing employees that are integral to the success of the business." The partnership will allow Nexstar's more than 1,000 members access to Reins' custom equity incentives programs, including the unique Modern Agreement for Rewards & Equity (MARE). Reins' personalized plans and advanced software empower small to mid-sized business owners to give employees a stake in the business through employer-like benefits or profit-sharing initiatives.
MARE incentivizes key employees and paves the way for smooth succession planning. Offering a stake in the company's success can cause key employees to be deeply invested in the long-term growth of the company. "Partnering with Nexstar Network is a no-brainer given their extensive track record educating contractors about best business practices," said Chris Buttenham , co-founder of Reins.
"The partnership allows .