11 Questions to Discuss Before You Talk to a Lawyer
Please answer the following questions as a team to the best of your ability.
- How do you want the coop to be managed? By an elected board, by the members themselves, by one or more managers?
- How will major decisions be made? Majority vote, super majority, consensus, modified consensus?
- What are some decisions that you think should be considered “major”? For example: Deciding when to buy more paper towels vs. deciding to convert your coop bakery into a coop bowling alley.
- Do you want to have committees? What sort of committees might make sense?
- Will all workers be members? (i.e. will there be employees that never become members?)
- Will there be a probationary period before a worker can become a member? What is this period?
- Will all the workers have the legal right to work in the U.S.?
- How do you intend to pay your members? Salaries? Commissions? Profit Distributions? Some combination of these?
- How will you decide whether to admit new members?
- How will you decide whether to remove/expel members?
- Is it important to you to use the word “cooperative” in your name?