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Santa Clara, CA 95054
A co-op business is a worker-owned business. For current owners, it is a tool for succession management for owners that want to step away from the everyday job of running that business.
Mission College is offering a 90 minute webinar on the subject on October 20 at 10 a.m. for interested businesses and government entities. The cost is $30 prior to October 10 and $40 from October 11 to October 20.
Never heard of a co-op? Sure you have: REI, every local credit union, your local CSA, a solar company, maybe even your local pizza shop! They’ve been around for decades!
A co-op is a pathway to plan for the future and create a fair return on your investment. It is a business transaction (sale) where employees purchase the business and take part in the running it.
For city governments, co-ops allow small and medium sized businessed to continue to thrive, even in a tight fiscal environment.
During an economic downturn, research as shown that Worker-Owned businesses, keep workers employed. Though there might be less hours for the employee, the business stays in place as it is a shared responsibility for the business to continue.
Wednesday, 20 October, 2021
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