How to Start a Co-op
August 29, 2009 by Ken
Filed under How to Get Involved
Every co-op starts with an idea. One or two people see a need and envision a way to meet that need. Whether that need is for members to receive better prices, to gain access to new products, or to obtain specific services, the need must be clear.
Starting a co-op is just as complex and time-consuming as starting any business. To be done properly, it can’t be rushed. Most experts estimate that starting a co-op typically takes at least two years. As with any new business, starting a co-op will involve thorough and careful business planning.
Food Co-op 500
In August 2005, the Food Co-op 500 Program launched its pilot phase. The program is a collaborative effort of National Cooperative Grocers Association, Cooperative Development Services, the National Cooperative Bank (NCB) and and Blooming Prairie Foundation. The development model for Food Co-op 500 is based upon the four cornerstones of vision, talent, capital and systems that are each within three stages of food co-op development: organizing, feasibility and planning, and implementation.
Find out more at www.foodcoop500.coop
Other Resources for Getting Started
General information on starting a co-op
Free manuals:
For more information on cooperatives, visit the National Cooperative Business Association at www.ncba.coop
from the NCGA
