I would be interested if anyone knows more about how the co-op idea would work, also assuming you took investment. Would a corporation be formed as well as a co-op, and the co-op would be a shareholder in the corporation?
I would be interested if anyone knows more about how the co-op idea would work, also assuming you took investment. Would a corporation be formed as well as a co-op, and the co-op would be a shareholder in the corporation?
The idea is: shares aren't devided by capital, but by heads.
But you can usually add some clauses to the contracts, that people have to work for some kind of period, before they are considered "comrades".
2 Structure the way I have seen this work the coop owns the company (or a controlling interest) which employs the members of the coop
Coop structures can get complex normally most countries have special laws for this and it can be tax advantageous.
Coops can take outside investment but they have to maintain 50% +1 shares to remain a coop
When it comes to making decisions many employees won't care too much about the direction, and will slow down the process.
Give your employees a fair share, but keep ownership amongst the founders.