United States

A presentation on how employees can buy-out a company and convert to a worker cooperative. 

A 2-page brochure with basic information about converting your business to a worker cooperaive. 

CONTENIDO:

Recursos

- Estudio de caso sobre el desarrollo de cooperativas de trabajadores
- Un Ejemplo de Cronograma del Desarrollo de una Cooperativa

Evalúan su Capacidad

- Hoja de Trabajo: Modelo para desarrollar tu cooperative
- Hoja de Trabajo: Su Organizacion y la Nueva Cooperativa
- Hoja de Trabajo: Habilidades para el negocio: ?Tienen lo que necesitan?
- Hoja de Trabajo: Envuesta de necesidades
- Hoja de Trabajo: Cronograma de Desarrollo

A sale to employees can provide an owner with significant tax breaks. Because of the IRC §1042 Capital Gains Rollover, business owners who sell at least 30% of the stock in their C-Corporation to an employee-owned cooperative can roll over the proceeds from the sale into qualified replacement securities and defer payment of any capital gains tax indefinitely.

One practice in particular deserves more attention in the United States cooperative community: the use of indivisible reserves (IR). The International Co-operative Alliance (ICA) specifies IR as a component of its 3rd cooperative principle: “member economic participation.” This co-op principle addresses several financial policies, including allocation of surpluses or residual earnings. A few alternative uses of surpluses are recommended, such as distribution of member dividends and “….setting up reserves, part of which, at least, would be indivisible” (ICA).

The legal and financial framework described here came out of three and half years of collaboration with attorney Bart Deamer, a partner at the Silicon Valley office of Bingham