January 24, 2013 Important Proposed Changes to Co-op RRSP Rules, by Hazel Corcoran If individuals in your co-op hold co-op shares in a self-directed RRSP, there are two important updates which CWCF wants to bring to your attention. These updates are relevant in cases where individuals (or individuals along with related parties) held 10% or … RRSP Changes Guide Part 2, January 2013
by Peter Hough Sweat equity is generally considered all the voluntary unpaid work that is often required in the first years of a new business. This work is usually unpaid because the new business cannot afford to pay wages or salaries during start-up. The commitment by members to provide sweat equity is often essential for … What is Sweat Equity?
Excerpt: Succession Planning: An Opportunity & a Challenge The succession issue for small and family-owned businesses has grown due to the large number of small business owners nearing retirement. Studies in places as diverse as Australia and Quebec, have demonstrated that well over 50 per cent of small and medium sized businesses will face this … Succession Planning Using the Worker Co-op Option
Presentation by Peter Hough Objective: To learn to develop and use basic financial models to assist with budgeting and other financial decisions. Benefits: Assists in decision making: Shows relationship between financial parameters Easy comparison of options Sensitivity analysis – easy to vary the assumptions of multiple relationships Helps to make judgments on level of risk … Using Financial Models
Immigrant Worker Co-op Strategies paper drafted by Hazel Corcoran of the Canadian Worker Co-operative Federation. Excerpt: I. Background Through the current Co-operative Development Initiative (CDI) Innovation and Research (I & R) Project, the Canadian Worker Co-operative Federation (CWCF), in consultation with its Diversity Committee, is prioritizing worker co-op development in immigrant communities, including approaches and … Strategies for Developing Immigrant Worker Co-ops
Presentation by Peter Hough Excerpt: Key Issues: -Founding and Long Term Members Retirement Security Relinquishing member/ownership and it benefits Worker Co-operative New Members Viability Cash Flow Debt Load Knowledge Transfer …continued in attachment. So You Want to Retire_0
This Brief attempts to highlight the criteria used to determine whether or not a worker co-op has an employer-employee relationship or is classed as a group of independent contractors. Excerpt: Purpose of This Document 1. The purpose of this Brief is to outline the nature of worker co-operatives and the method for determining whether or … Guidelines for Determining Whether or Not There Is an Employer-Employee Relationship in a worker Co-op
Abstract The objective of this paper is to analyze the public policy environment, capitalization environment, availability of federation support, and the context for the worker co-op movements in each of Italy, Mondragon (Spain) and France. These three countries or regions have the largest, most dynamic worker co-op movements in the world. To grow a large … The Worker Co-operative Movements in Italy, Mondragon and France: Context, Success Factors and Lessons
This document provides information on changes to RRSP programmes for Cooperatives. The information contained in this document is, for many, time-sensitive. Please download the file below. RRSP changes Guide fnl-2
In a previous column, Alain Bridault, President, ORION cooperative research and consulting, stressed the importance of managing the acceptability of decisions taken by the board of directors or senior management in their respective powers fields. He pointed out that the only right decisions are decisions well accepted by the members, that is to say, understood … An Ongoing Challenge: Managing Equity/ Justice in a Worker Co-op