Creative coops 9 march 2011

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presentation given at seminar on co-ops in the creative industries - detailing some of the issues to consider in setting up a coop

further info on creative co-ops at: http://www.uk.coop/creative

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Creative coops 9 march 2011

  1. 1. A few things you’ll (hopefully) be glad you found out about setting up a co-operative Adrian Ashton www.adrianashton.co.uk
  2. 2. “ Getting to know you...” <ul><li>How many are members of a co-op? </li></ul><ul><li>Who knows what the main product of the biggest co-op in the world is? </li></ul><ul><li>How many knew before today where they could go for support in developing a co-op? </li></ul>Adrian Ashton
  3. 3. Co-ops are defined by their values <ul><li>How will your business ‘manifest’ these? </li></ul><ul><ul><li>Self help </li></ul></ul><ul><ul><li>Self responsibility </li></ul></ul><ul><ul><li>Democracy </li></ul></ul><ul><ul><li>Equality </li></ul></ul><ul><ul><li>Equity </li></ul></ul><ul><ul><li>Solidarity </li></ul></ul>Adrian Ashton
  4. 4. Mis-perceptions about co-ops stop people setting them up and getting the most out of them <ul><li>5 myths to debunk about: </li></ul><ul><ul><li>Pay </li></ul></ul><ul><ul><li>Management </li></ul></ul><ul><ul><li>Why people do it </li></ul></ul><ul><ul><li>Legal form needed is antiquated </li></ul></ul><ul><ul><li>Support and money available </li></ul></ul>Adrian Ashton
  5. 5. Not everyone has to be paid the same… <ul><li>You should pay the going rate for the job that people perform </li></ul><ul><li>Distinction between role of a Member as an employee and as an owner of the business </li></ul>Adrian Ashton
  6. 6. Decision making can be quick <ul><li>Democracy doesn’t have to mean that everyone is involved in every decision </li></ul><ul><li>Responsibilities and powers can be delegated, BUT will always be held accountable! </li></ul>Adrian Ashton
  7. 7. Different Members may be in it for different reasons <ul><li>Ideology is a powerful driver… </li></ul><ul><li>Different people may have different reasons or expectations for wanting to be part of a co-operative business… </li></ul>Adrian Ashton
  8. 8. Structuring a co-op <ul><li>Historically had to set up as </li></ul><ul><li>‘ Industrial & Provident Society’ </li></ul><ul><li>Currently options to set up include forms of company, partnership, CIC...(and Society!) </li></ul><ul><ul><li>Confused? See the next slide... </li></ul></ul>Adrian Ashton
  9. 9. There is money and support available <ul><li>In some instances being a co-op gives you a license to print money (or as good as…) </li></ul><ul><li>http://www.communityshares.org.uk/ </li></ul><ul><li>Exclusive financing initiatives </li></ul><ul><li>http://www.co-operativeloanfund.co.uk/ </li></ul><ul><li>http://www.co-opandcommunityfinance.coop </li></ul><ul><li>Dedicated support advisors and programmes </li></ul><ul><li>http://www.co-operative.coop/Enterprisehub/ </li></ul>Adrian Ashton
  10. 10. Want to know more...? <ul><li>www.adrianashton.co.uk </li></ul><ul><li>http://twitter.com/adrianashton2 </li></ul>

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