Next steps

This section has given you advice, guidance and templates to help you:

  • test your business idea through a comprehensive feasibility study
  • understand what is involved in being a co-op, to help you decide whether this is the right route for your business idea
  • understand how you might finance your new buiness, and what is involved
  • write your business plan, to appeal to all stakeholders, including potential money-lenders and grant-giving organisations.

Once you have completed this section and have your feasibility study, a commitment to choosing a co-operative or community-owned organisation, an agreed approach to finance, and a comprehensive business plan, you are ready to move on to the next section - Setting up a co-operative.

Updated: 21/03/2016