Debt financing is one way for cooperatives to receive financing for their cooperative. Debt financing might be right for you if you don’t want the lender to have an ownership share. What is debt financing?
If you’re reading this section, you’ve likely reviewed the basics about how a co-op functions, the type of cooperative that might best-fit your vision, the seven cooperative principles, and the type of legal entity that
Believe it or not, there are legal rules about what you can name your cooperative business. It’s important to understand these rules and to follow the right procedure when formalizing your business name. Your co-op’s
While many conventional businesses operate and transact without much help from lawyers, cooperative conversions are perhaps uniquely in need of legal expertise and support. Lawyers can help you navigate the conversion process and protect everyone
Due to their unique ownership structure, cooperatives often have a difficult time finding money to start and operate their enterprise. Here we focus on the different ways you can finance your co-op. It’s important to
Financing the conversion of a worker cooperative can be tricky even if it brings tremendous benefits to workers, businesses, and society. To purchase the business they work for, workers generally need to get capital from
There are many factors that affect business valuation including the seller’s personal needs and the terms of the sale. Cooperative conversions add more complexity to determining the sale price and it is important to understand
There are many ways to transition your business to cooperative governance. There is an art to governance design, with many policies, practices, roles, and rules that can be arranged into place to produce a desired
Your approach to converting an existing business depends largely on the type of business you’re converting. Forming a Steering Committee can be helpful for navigating this process. The Steering Committee must then assess a few
While there isn’t a universally accepted gold standard for business valuation, there exist several widely employed methods, metrics, and market factors that sellers should take into account when assessing the value of their business. Professionals
The information presented on Co-oplaw.org is largely based on California law and IS NOT LEGAL ADVICE.
Have suggestions or notice something we missed? Share your feedback with us here.
