Our business analyst Daphane Nelson traveled to Prince George a few weeks back to present at a conference on cooperatives at UNBC and individually with community partners. Along the route she stopped in 100 Mile House, Williams Lake and Quesnel and found the folks at WorkBC.ca, Community Futures British Columbia, and the BC Chamber of Commerce were welcoming and happy to chat about the potentials for employee-owned businesses in their communities. If you're looking to connect and have us present to business owners seeking different approaches to succession planning and business sales, please reach out. If you ARE a business owner and want to learn more, please connect with us. Larry Stranberg Karen Eden Anna Duff Tamara Garreau Beth Veenkamp Kathy Somerville Amy Reid, Ec.D. Jordan Hammond #employeeownedbusiness #workerownedbusiness #Cooperativebusiness #Cooperative #Canadiancoop #Successionplanning #Successionplan #Successionmanagement #coactive #employeeownership #workerowned #workerownership #employeeowned #kamloops #salmonarm #princegeorge #quesnel #williamslake #chamberofcommerce #communityfutures #greatideas #businesssuccession #sellyourbusiness
CoActive Developments Worker Cooperative
Business Consulting and Services
Vancouver, BC 266 followers
Business succession through employee ownership.
About us
Due to the increasing numbers of retiring business owners and the lack of succession plans in place, there is a serious possibility of large-scale small and medium-sized business (SME) closures. Some owners seek to transfer the business to family while others look to sell privately, however, there is a third little-known option known as business conversions to cooperatives (BCCs). The CoopConvert project surveyed Canadian SME business owners and determined the majority are not positioned for succession planning. This lack of preparation combined with the unfamiliar cooperative model provides a tremendous opportunity for BCCs. CoActive aims to promote and support the creation of more Employee-Owned businesses in B.C. We know that broad-based employee ownership leads to stronger and fairer economies. Employee-owned companies have been proven to keep jobs in local communities at a higher rate, are much less likely to default on their debt, and are more resilient in economic downturns.
- Website
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coactive.ca
External link for CoActive Developments Worker Cooperative
- Industry
- Business Consulting and Services
- Company size
- 2-10 employees
- Headquarters
- Vancouver, BC
- Type
- Partnership
- Founded
- 2022
- Specialties
- Cooperative Development, Business Succession, Business Planning, Financing, Feasibility Analysis, Business Development, Succession Planning, Cooperative Governance, Cooperative Incorporation, Business Support, and Collaboration
Locations
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Primary
Get directions
Vancouver, BC, CA
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Get directions
Kamloops, BC, CA
Employees at CoActive Developments Worker Cooperative
Updates
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CoActive Developments Worker Cooperative reposted this
Have you gotten your tickets yet? They are FREE and this event is virtual! There will be some great sessions including one with GIA’s own Tara Williams, MMCCU, RSM, Lissette Lemus and clients SSG (Sustainability Solutions Group) Other exciting sessions including those with Júlia Martins Rodrigues, Ph.D. And Mario Cimet Dattoli, CoActive Developments Worker Cooperative and Daphane Nelson, Marty Frost Chris Galloway and another with Colmenar Cooperative Consulting’s Daniella Preisler
Register today for our FREE virtual Conference! https://lnkd.in/gpRZjTZN
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Do you live in a small community? Are the businesses closing because owners are retiring? Let us help you and your community! #communityowned #communitybusiness #employeeownedbusiness #workerownedbusiness #Cooperativebusiness #Cooperative #Canadiancoop #Successionplanning #Successionplan #Successionmanagement #coactive #employeeownership #workerowned #workerownership #employeeowned #kamloops #salmonarm #princegeorge #quesnel #williamslake #chamberofcommerce #communityfutures #greatideas #businesssuccession #sellyourbusiness
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@Alex Hemingway of the Canadian Centre for Policy Alternatives and and Simon Pek of the University of Victoria published a report in April 2024, "Expanding Democratic Employee Ownership in Canada: Policy Options" that takes a deep dive into the benefits of employee ownership and possible policy solutions to make these businesses a reality. https://lnkd.in/ggbgKf4Q
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Are you an employee of a business? Is the owner retiring soon? Are you worried about job security? Ask how we help you and your co-workers. #employeeownedbusiness #workerownedbusiness #Cooperativebusiness #Cooperative #Canadiancoop #Successionplanning #Successionplan #Successionmanagement #coactive #employeeownership #workerowned #workerownership #employeeowned #kamloops #salmonarm #princegeorge #quesnel #williamslake #chamberofcommerce #communityfutures #greatideas #businesssuccession #sellyourbusiness
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Learn about how you benefit from selling your business to employees. Reach out and ask questions! #employeeownedbusiness #workerownedbusiness #Cooperativebusiness #Cooperative #Canadiancoop #Successionplanning #Successionplan #Successionmanagement #coactive #employeeownership #workerowned #workerownership #employeeowned #kamloops #salmonarm #princegeorge #quesnel #williamslake #chamberofcommerce #communityfutures #greatideas #businesssuccession #sellyourbusiness
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The Canadian Federation of Independent Business published an article last year reminding us that business owners across Canada are on the verge of retirement: https://lnkd.in/eGWbmZrZ You are not alone; talk to your trusted professionals about your succession planning needs and include CoActive in the conversation. We can help you transition to an employee-owned business.
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Canadian Federation of Independent Business full article https://lnkd.in/eGWbmZrZ What can you do?
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