Olympia Co-op Academy 2022

The Olympia Co-op Conversion Academy

Keeping the Legacy of Olympia Small Businesses Thriving Through Cooperative Ownership

Classes Begin February 17, 2022

Local Economies Face a Twin Crisis. Silver Tsunami and Covid-19

The majority of small businesses are owned by baby boomers who are rapidly approaching retirement. The youngest baby boomers will be 60 in just a couple of years! Likewise, the effects of the Covid-19 Pandemic have put significant pressure on small businesses from safety restrictions, supply chain disruption, and even the Great Resignation. The majority of small business owners will not find a buyer for their business.

NWCDC offers our Co-op Academy to help business owners safely exit their company, reward loyal and dedicated staff, and leave the legacy of a thriving business to their community.

Through conversion to a worker co-op, these businesses can continue into perpetuity serving the community, maintaining economic vitality, and a sense of place. The workers gain job security, personal development, and a voice in their workplace. The selling owner receives a fair market price for their businesses and peace of mind as they transition to a new chapter in their lives.

Information Session Recording

Watch this recording of a recent information session to learn more.

Information Session

Recording of On-Line Info Session 11/6/21

Academy Details

Is the business healthy? What will it cost to replace the current owner? Asset vs Stock Sale?

Due Diligence

Is the business healthy? What will it cost to replace the current owner? Asset vs Stock Sale?
Understanding Financial Statements, Profit vs Surplus, Bonus (dividend) vs Patronage Refund

Show Us The Money

Understanding Financial Statements, Profit vs Surplus, Bonus (dividend) vs Patronage Refund
What is a co-op? How do co-ops differ? What type of co-op should we form?

Co-op Basics

What is a co-op? How do co-ops differ? What type of co-op should we form?
Creating a healthy co-op culture, managing conflict, embracing justice, equity, diversity, and inclusion

Personal Management

Creating a healthy co-op culture, managing conflict, embracing justice, equity, diversity, and inclusion
Business planning, Loan preparation, Value Canvas

Getting Organied

Business planning, Loan preparation, Value Canvas
Articles of Incorporation, Bylaws, Decision-Making, and Core Polices

Governance

Articles of Incorporation, Bylaws, Decision-Making, and Core Polices
Attracting members and preparing for the new co-op messaging.

Marketing Our Co-op Advantage

Attracting members and preparing for the new co-op messaging.
Getting Loan Ready, Purchase and Sale Agreement, Post Conversion planning.

Closing the Sale

Getting Loan Ready, Purchase and Sale Agreement, Post Conversion planning.

Apply for the Academy Today

There is limited space for this opportunity. Register your interest now.

Instructors

Executive Director

Diane Gasaway

Executive Director
Co-Director Co-op Academy

Deborah Craig

Co-Director Co-op Academy
Co-Director Co-op Academy

John McNamara

Co-Director Co-op Academy

FAQs

  • After Martin Luther King Jr Day with time and date to be determined.

Your question is not here?

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The Olympia Co-op Conversion Academy

Keeping the Legacy of Olympia Small Businesses Thriving Through Cooperative Ownership

Classes Begin February 17, 2022

Local Economies Face a Twin Crisis. Silver Tsunami and Covid-19

The majority of small businesses are owned by baby boomers who are rapidly approaching retirement. The youngest baby boomers will be 60 in just a couple of years! Likewise, the effects of the Covid-19 Pandemic have put significant pressure on small businesses from safety restrictions, supply chain disruption, and even the Great Resignation. The majority of small business owners will not find a buyer for their business.

NWCDC offers our Co-op Academy to help business owners safely exit their company, reward loyal and dedicated staff, and leave the legacy of a thriving business to their community.

Through conversion to a worker co-op, these businesses can continue into perpetuity serving the community, maintaining economic vitality, and a sense of place. The workers gain job security, personal development, and a voice in their workplace. The selling owner receives a fair market price for their businesses and peace of mind as they transition to a new chapter in their lives.

Information Session Recording

Watch this recording of a recent information session to learn more.

Information Session

Recording of On-Line Info Session 11/6/21

Academy Details

Is the business healthy? What will it cost to replace the current owner? Asset vs Stock Sale?

Due Diligence

Is the business healthy? What will it cost to replace the current owner? Asset vs Stock Sale?
Understanding Financial Statements, Profit vs Surplus, Bonus (dividend) vs Patronage Refund

Show Us The Money

Understanding Financial Statements, Profit vs Surplus, Bonus (dividend) vs Patronage Refund
What is a co-op? How do co-ops differ? What type of co-op should we form?

Co-op Basics

What is a co-op? How do co-ops differ? What type of co-op should we form?
Creating a healthy co-op culture, managing conflict, embracing justice, equity, diversity, and inclusion

Personal Management

Creating a healthy co-op culture, managing conflict, embracing justice, equity, diversity, and inclusion
Business planning, Loan preparation, Value Canvas

Getting Organied

Business planning, Loan preparation, Value Canvas
Articles of Incorporation, Bylaws, Decision-Making, and Core Polices

Governance

Articles of Incorporation, Bylaws, Decision-Making, and Core Polices
Attracting members and preparing for the new co-op messaging.

Marketing Our Co-op Advantage

Attracting members and preparing for the new co-op messaging.
Getting Loan Ready, Purchase and Sale Agreement, Post Conversion planning.

Closing the Sale

Getting Loan Ready, Purchase and Sale Agreement, Post Conversion planning.

Apply for the Academy Today

There is limited space for this opportunity. Register your interest now.

Instructors

Executive Director

Diane Gasaway

Executive Director
Co-Director Co-op Academy

Deborah Craig

Co-Director Co-op Academy
Co-Director Co-op Academy

John McNamara

Co-Director Co-op Academy

FAQs

  • After Martin Luther King Jr Day with time and date to be determined.

Your question is not here?

cropped-nwcdc-logo-new.png

Contact

Name
Email
Subject
Message *
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