Context Matters: Using Trends to Monitor the Financial Health of your Co-op

By Michael Healy When it comes to numbers and data, context matters. The context in which we place particular numbers helps us make meaning of those numbers, and this is particularly important when we are talking about financial data. Over many generations, managers and accountants have developed financial reporting tools [...]

Why (Some) New Co-ops Fail

By Stuart Reid 163 November-December 2012 The mayor spoke at the co-op’s ribbon cutting, and it seemed like the whole town turned out to celebrate. The local paper wrote excitedly about the new grocery store. The future seemed bright. Nine months later, the fledgling store was begging members for additional [...]

Creating a Development Budget: Sources and Uses

Learning objectives: the process and format for creating initial drafts of a Sources & Uses Development Budget how the Sources & Uses budget can be integrated with the three stages of the start-up process how CDS consulting services can guide the creation and modification of a Sources & Uses budget. [...]

Creating a development budget

How much money will you need to open your co-op? Where will you get it? These are the questions that we will address in this presentation. A realistic development budget will ensure that you have the resources you need as you progress through your project. The Sources & Uses budget [...]

Get Down, Get Ahead: Driving Operational Improvements Using CoCoFiSt

By Mel Braverman 112 May - June - 2004 The Common Cooperative Financial Statements (CoCoFiSt) data sharing program has evolved over several years into widely used, multi-functional benchmarking, budgeting, and operational improvement tools for managers. The use of CoCoFiSt data is becoming widespread throughout our industry. Over 90 co-ops now [...]