Cooperative Education and Outreach Program
Established cooperatives have a greater chance of success for their members than proposed and new cooperatives because business planning and member commitment and investment is worked out in advance according to a prescribed formula.
Members of the Guilford College Cooperative Association stand ready to to aid proposed, new, and established cooperatives to achieve success within the local community. Contact your GCCA.
If you are interested in forming a cooperative, learn all you can about the legal, economic, and financial aspects of a cooperative business.
Careful planning increases the chances of success.
A cooperative is a unique form of business used by people and businesses for their mutual benefit.
Whatever its purpose, starting a cooperative requires considerable time, energy, and committment by potential members to finance and use the business. It is equally important to select knowledgeable directors who will hire a competent manager.