Starting a cooperative is a complex project. A small group of prospective members meets to discuss a common need and develop a plan to fulfill it.
Depending on the situation that generates the idea, a new cooperative may be welcomed with enthusiasm or met with vigorous competitive opposition. If opposed, leaders must be prepared to react to various strategies of competitors, such as, price changes to retain potential cooperative members' business; better contract terms or canceled contracts; attempts to influence lenders against providing credit; and even publicity, misstatements, and rumors attacking the cooperative business concept.
Regardless of the business climate for the proposed cooperative, leaders must demonstrate a combination of expertise, enthusiasm, practicality, dedication, and determination to see that the project is completed.
The information below will lead you through the steps of organizing a cooperative.