Steps for Start-Ups
Each new cooperative business situation is unique, and the manner in which the momentum, the people and the money come together will vary. The steps that are described here are typically part of a successful start-up venture, but they are only guidelines. Often the circumstances of a particular start-up venture require that some steps occur simultaneously or in a different sequence. However, each of the steps described below are logical points at which organizers can evaluate a cooperative's progress, and decide whether the effort should move forward to the next stage.
Successful new cooperatives share certain common characteristics that are often cited as requirements for effective operations.