The Shared Ownership Center @ Nexus is hosting a free business planning webinar series for cooperatives April through June! Sessions will take place (almost) every other Thursday, 3:00 – 4:30 pm, on Zoom.
Each session builds upon the last and is aligned with the LOCAL Fund application. By the end of the webinar series, if the LOCAL Fund is a good fit for you and your team, you will be ready to apply!
Registration links coming soon.
April 10: Concept to Business Plan
Learn types of business plans, their key components, and how to get started on making your cooperative dream a reality.
April 24: Why Cooperatives?
How will you design your cooperative? We’ll cover how to assemble your dream team, start planning your bylaws, and accessing an attorney and technical assistance.
May 8: Finance 101
Learn the ins and outs of budgeting, balance sheets, and cash flows.
May 22: Conversion Basics
We’ll dive into the feasibility of converting existing businesses into cooperatives and go over the transition process.
June 5: Projections and Sources & Uses
Everything you need to know about startup costs, revenue, expenses and more.
June 19: Access to Capital
Learn the Five C’s of Cooperative Credit, how to shop around for the right loan, and go over a sample loan application.
June 26: How to Apply for the LOCAL Fund
Now that you know the business planning basics, it’s time to learn how the LOCAL Fund can help! We’ll review the parts, process, and timeline for the application.