Finance

Co-ops need to manage their finances and capital soundly. Get advice for, among other things:

• Draw up the statement of share capital, including share redemption requests and share redemption forecasts, as required by law
• Offer members a reasonable prospect of redemption of their shares
• Plan sufficient capitalization to ensure the development of your cooperative
• Understand the obligations related to capital management
• Target the strategies to be put in place to better manage capital

For a cooperative with a project requiring capitalization by the members, this support will make it possible to understand the obligations in terms of management of the share capital. In addition, our advice allows:

• Adopt the resolutions determining the characteristics of the preferred shares to be issued
• Submit an application for eligibility for the Cooperative Investment Plan, if applicable
• Submit an RRSP-Coop membership application, if applicable

We prepare with the managers and, if necessary, with the members of the cooperative, a recovery, recovery or consolidation plan. The recovery plan notably considers the structural difficulties of the business model with a view to restoring profitability. Also, the recovery plan makes it possible to plan and stimulate the resumption of business following an event (e.g.: pandemic, fire, flood, etc.). Whereas, the consolidation plan allows, among other things, the restructuring of debts in order to lighten the burden.

A feasibility analysis aims to verify that your project is technically feasible and economically viable. Note that this is not a market study, but an overview of the main indicators of success (associative, market, legal, regulatory, etc.).