CoCoFiSt Common Cooperative Financial Statements, a CDS program for improving cooperative performance. CoCoBud A budgeting feature that, based on historical data, projects sales, margins, and payroll by department, as well as income statements, balance sheets, cash flows, ratios, capital budgets and loans for the next four quarters. A manager can then change assumptions to change the projections. CoCoGap This illustrates how much more profit [...]
By Marilyn Scholl, Joel Dahlgren, Bruce Mayer 148 May - June - 2010 Creating solutions begins with building the foundation for the future you want. One of the remarkable things about cooperation is that mutualism encourages solution-oriented growth, built on a vision of the common good. How profitability and capitalization are handled in cooperatives is an indicator of how much the co-op is actively [...]
By Michael Healy 135 March - April - 2008 The board of directors fulfills an essential governing role in a cooperatively owned, democratically controlled business. Few assets are more valuable to a cooperative than a board that functions well, learns what it needs to do its job expertly, and provides excellent leadership. Providing that excellent leadership requires expertise, and developing expertise requires investment. In [...]
Wheatsville Food Co-op Austin, Texas Founded: 1976 Number of members: 9,000 Equity investment:$55 per household Number of staff: 80 Retail square feet:5,100 One of Walden Swanson’s first co-op endeavors was to manage the Wheatsville Food Co-op. As a native Texan who went to business school at the University of Texas in Austin, his interest in economic and social justice issues deepened. He’d always felt [...]
