Starting a new cooperative can be overwhelming because of the sheer number of steps and issues involved, some of which are very different than those… Read More »Eight Items Cooperative Groups Wish They Had Known From The Start
Directors of cooperatives play a pivotal role in ensuring that their organizations operate effectively, ethically, and in alignment with their members’ interests. For directors serving… Read More »Navigating Dual Roles: The Fiduciary Obligations of Directors in Federated Cooperatives Who Are Also Directors of Cooperative Members
Electric cooperatives are constantly in need of additional equipment, supplies, software, and services. For that reason, procurement contracts play a vital role in electric cooperative… Read More »Top Ten Things to Watch Out for With Electric Cooperative Procurement Contracts
As a Board member of the Georgia Cooperative Development Center, I am helping lead GCDC’s efforts to obtain passage of the Georgia Limited Worker Cooperative… Read More »THE GEORGIA LIMITED WORKER COOPERATIVE ASSOCIATION ACT: INCREASING BUSINESS OPTIONS IN GEORGIA
Worker cooperatives are an exciting alternative to traditional business structures, offering democratic governance and shared ownership among workers. However, navigating the legalities of forming a… Read More »5 Legal Questions People Hesitate to Ask When Forming a Worker Cooperative
When setting up a cooperative, one critical decision is where to organize it legally. While in many cases the easiest course is to organize in… Read More »In What State Should You Organize Your Cooperative?
Worker cooperatives are owned and controlled by their members (the workers) for the benefit of the workers. Their democratic ownership and operation set them apart… Read More »How Will Your Worker Cooperative Be Managed?
Because cooperatives are focused on benefiting their members, rather than producing profits for investors, cooperatives often face unique challenges when it comes to raising capital.… Read More »How Cooperatives Use Preferred Stock to Attract Outside Investment?
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… Read More »Differences Between Membership in a Cooperative and Membership in a Limited Liability Company
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… Read More »Cooperative or 501(c)(3)
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