Co-operative Foundations is a free resource for individuals and groups looking to understand more about co-ops, but also for co-ops to provide access to new/existing employees or prospective members to ensure they fully comprehend the features, benefits and positive impact of co-ops.
The course covers core aspects of the co-operative business model and have been developed to provide a solid foundational understanding of co-operatives within an agricultural context. You can complete this course at your own pace. Continuing Professional Development (CPD) certificate available.
Units Of Study:
Course introduction (10 minutes)
An introduction to the six modules and the value of forming a co-operative.
Module 1 – What is a co-operative? (30 minutes)
The legal structure of a co-operative, the seven principles that all co-operatives around the world ascribe to and what being a member of a co-op actually means.
Module 2 – What it means to be a member of a co-operative (15 minutes)
What active membership is, the ownership and powers of each member and the value that co-operative membership provides.
Module 3 – Planning the business of a co-operative (30 minutes)
How to set up your co-op, starting with an idea and taking it through to having the framework to develop a business plan.
Module 4 – Decision making and control in a co-operative (20 minutes)
The rules of a co-operative, how members have an equal say, the role and responsibility of the board, decision making and meetings and key office holder roles and what they mean.
Module 5 – Measuring and reporting a co-operative’s activities (15 minutes)
What is required for a co-operative to have sound financial management practices whilst meeting compliance standards.
Module 6 – Understanding co-operative capital and raising funds (30 minutes)
The options unique to co-operatives to raise capital and the regulatory framework that sits around them.
Next steps (5 minutes)
A course overview and next steps to consider with links to relevant resources and support.
About the OrganisationName: Business Council of Cooperatives and Mutuals
Eligibility Criteria :
The course has been developed to provide farmers, fishers and foresters with a foundational understanding of co-operatives and how working together in a co-op can increase the profits, efficiency, and value of participating businesses and the agricultural sector as a whole.