Building Community and Stakeholder Relationships for Cooperatives
Community and stakeholder relationships are fundamental to the success and sustainability of cooperatives. Cooperatives are different than the typical business entity, in that most cooperatives
Differences Between Membership in a Cooperative and Membership in a Limited Liability Company
Because cooperatives and limited liability companies (LLCs) both designate their owners as “members,” groups deciding whether to use a cooperative structure may experience some confusion
Cooperative or 501(c)(3)
Groups interested in forming an organization to serve a specific group or community often consider forming either a cooperative or a 501(c)(3) nonprofit corporation. Both
White Electric Coffee – Worker Cooperative
In July 2021, a small Rhode Island café, White Electric Coffee, became the first of its kind in the state to transition to a worker
California Cooperative Economy Act
On February 19, 2021, California Assemblywoman Lorena Gonzalez introduced AB 1319, which included The Cooperative Economy Act (the “Act”). The Act’s objective is to introduce
Capital for Cooperatives Act
On May 20, 2021, Senator John Hickenlooper introduced four bills in Congress to help underserved individuals, communities, and small businesses, including the Capital for Cooperatives
The Driving Force for The Drivers Cooperative
Uber and Lyft, well known ride sharing services, offer drivers flexibility and control over their schedules and workload. This independence, however, came at higher costs
Formation Documents for Cooperatives Structured as Corporations
When a group interested in forming a cooperative is deciding between a cooperative structured as a corporation and a cooperative structured as an LLC, the
Selling Preferred Shares in Cooperatives
This final post in the series addresses sales of preferred shares. Unlike common shares, preferred shares can offer dividends and in most states, can be
Legal Requirements for Selling Common Shares in Cooperatives
Groups interested in forming a cooperative that is structured as a for-profit corporation often have questions about how shares are issued, who can purchase shares,
Enter your email address to subscribe to this blog and receive notifications of new posts by email.