Five ingredients for co-op success
Want to find out the ingredients for co-operative success?
A new report from a NSW Government department finds that these five factors are key to co-op start-ups thriving into the future:
- Genuine need or economic role for the co-operative
- Thorough business planning
- Committed members and board with clear understanding of the objectives
- Financial accountability
- Professional support and organisational networking.
The full report can be found here.