After working with professionals to determine which entity type is right for your worker cooperative, the next step is to work with professionals to develop your governing documents. Bylaws and operating agreements should include high-level information about the governance of the organization. They clarify and codify the democratic governance and ownership of your cooperative, help provide a structure through which the cooperative can grow, and provide a last resort for conflict resolution if relationships break down.
This research paper summarizes an examination of the National Establishment Time Series (NETS) dataset for North Carolina and Iowa to gauge the potential for conversions of existing businesses to worker cooperatives. The data demonstrate that the potential is quite large, and that even if only a fraction of these successfully converted to worker ownership and continued to operate at their last year levels, there would be meaningful economic impacts.
The Democracy at Work Institute/USFWC Press Kit includes information about worker cooperatives, why they are important, examples of existing cooperatives and development organizations, city government initiatives, frequently asked questions, and more.
This handbook walks worker owners and cooperative developers through the process of laying the groundwork for, creating, and implementing systems of accountability and evaluation in small to medium sized worker cooperatives.
Editable versions of the toolkit's appendices can be found here.
Becoming Employee-Owned is a guide for business owners interested in employee ownership. It provides an overview of the three primary transition approaches for employee ownership: worker cooperatives, ESOPs, and management buy-outs. Regardless of what stage the business is in--from expansion to succession planning-- this resource can help business owners understand their options for becoming an employee-owned company.
Worker cooperatives are a powerful tool for economic and community development. This resource describes their role in creating a more just economy. It provides an overview of the benefits of the cooperative form, with examples of existing cooperatives and quotes from worker-owners. The resource also describes current initiatives to develop cooperatives by nonprofits, as well as government initiatives to spur the growth of the sector.
When forming, worker cooperatives have an important choice to make regarding their legal entity. Each entity type has implications on important issues including taxation, employment law, and access to capital. This resource is intended to give a brief overview of the entity types and lay out the issues worker cooperatives may want to consider when choosing which is the best fit for the business at whatever stage it is currently in.
This is an overview of the University of Winnipeg's anchor-led model for community economic development. It positions the Winnipeg model as a robust example of an anchor institution strategy, and includes a broad survey of US worker cooperative development and movement-building efforts of the last 30 years.