Interested in forming a cooperative, but aren’t sure where to start?
Forming a new cooperative involves assessing the purpose of the cooperative, identifying start-up members and directors, developing a business and financial plan, drafting articles of incorporation and by-laws, and filing the proper documentation, among other steps.
Hannah Scott, CFAES Center for Cooperatives, discusses the cooperative formation process and the assistance available to new and emerging co-ops from the Center.
The CFAES Center for Cooperatives provides counseling and assistance through the entire formation process for those interested in forming a new cooperative. The Centers’ specialists have assisted numerous cooperatives through this process since its inception in the early 2000s.
Clients of the CFAES Center from Cooperatives, Buckeye Valley Beef Cooperative, founded in 2016 in southwest Ohio, share their start-up story.