We understand the mission of starting a new co-op. But we also understand the challenges. As is the case with any new business of any type and structure, the co-op start-up process can be challenging. It’s important to know that some will not succeed.  

In our experience, we’ve learned the following variables and factors make a successful start-up process and successful new co-op:

• A strong, cohesive team
• A business idea that has been reviewed and scrutinized for market, operational, and financial feasibility, and has a thoughtful and complete business plan behind it.
• A governance structure that will allow for democratic participation but is not overly complex and process intensive. Co-ops need capable and effective leadership.
• Adequate capital to get up and running and have enough time to get enough revenue for operational stability
• Clear and organized systems for financial management, sales, marketing, operations, and administration
• Adequate and effective education and training to successfully onboard the first group of non-founder members

For most start-ups, we anticipate for a long term (2 to 4 year) partnership. Some projects move remarkably fast, but others face a slower timeline.

Some of our technical assistance tools include:

• Feasibility Assessments
• Cooperative Education
• Business Planning
• Strategic Planning
• Market Research
• Board Training
• Grant Writing

Let us know about your project
Are you thinking about starting a co-op? Please contact us with the form below. We always offer an initial consultation and a couple hours of advisory free of charge.