United States

Worker Cooperatives - Pathways to Scale

Author(s): 
Hilary Abell
Year: 
2014

This is an exciting time to be engaged with worker cooperatives. The worker cooperative model has stood the test of time; its foundations have been in place since 1844, when the Rochdale Pioneers developed their creative response to the suffering of displaced workers during the Industrial Revolution. Since 2008, the Great Recession has inspired more and more workers, advocates, and community developers to bring their creativity and energy to the next generation of the cooperative movement, fueling an explosion of co-op-related discussion and initiatives.

Case Studies: Business Conversions to Worker Cooperatives

Year: 
2015
Insights and Readiness Factors for Owners and Employees
  • Business Readiness Factors: Help businesses figure out how ready they are, and how they can set themselves up for a smoother and more successful transition to worker ownership
  • Motivations: Core reasons that business owners and employees decide to convert to a worker coop
  • Typology of Conversions: Four different types of worker coop conversions based on the situation of the owners and its employees
  • Case Studies: A dozen case studies of businesses that have converted to worker cooperatives

Pro Forma Template

Author(s): 
Joe Marraffino
Year: 
2015

This pro forma template is intended to aid cooperative entrepreneurs (and the developers who serve them) in making a preliminary financial assessment of their worker cooperative startup.  Many worker cooperative startups are learning business finances for the first time. This tool offers a framework to think about their business and some labor-saving, pre-built Excel formulas.

Investing in Worker Ownership

Author(s): 
Camille Kerr
Year: 
2015

For financial institutions looking to create deep and lasting impact, worker cooperatives are a powerful tool for economic and community development. They reduce inequality by allowing a greater segment of the population to build assets through business ownership. They combat poverty by providing access to employment for marginalized populations. And they strengthen local economies by rooting businesses in their communities.

Successful Cooperative Ownership Transitions: Case Studies on the Conversion of Privately Held Businesses to Worker Cooperatives

Author(s): 
Courtney Berner, Michaela Holmes, Anne Reynolds, and Joe Rinehart
Year: 
2015

The idea of selling a business to its employees and converting it to a worker owned cooperative is gaining traction as a viable succession strategy. It is a strategy that saves jobs, builds community wealth, and empowers workers to own and manage their own business. Worker cooperatives differ from other business entity types in that they are owned and democratically controlled by their workers, and workers share in the risk and reward of operating the business.

Pages

Subscribe to RSS - United States