Coop 101 Webinar

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.