Business planning for co-operatives

All co-operatives, regardless of their size or type, need a business plan. A business plan helps clarify the activities for the co-operative and identifies the logistics, resources and finances needed for it to be successful. All co-operatives should be able to prepare forecast financial statements that identify how the co-operative will fund its first year of operation. This information establishes what the co-operative’s capital and finance needs will be. The rules for a co-operative must set out the minimum share capital required for membership or the amount of an annual subscription. For distributing co-operatives, the business plan is an essential component of your disclosure statement.

Learn about

  • Introduction to the co-operative
  • Operating context of a co-operative
  • Resources and strategy
  • Forecasting and financial statements

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