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.
- 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
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.
This resource is intended to give small business support organizations a background on how the worker cooperative model can help entrepreneurs reach their dreams.
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.
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.