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Financial Analysis for New Cooperatives

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The CooperationWorks! Cooperative Business Development Training Program is a rigorous course for participants to develop the skills to start a new cooperative and assist groups to start new cooperative enterprises.

Event details

When

Starts:
Sep 23, 2013 12:00 PM
Ends:
Sep 27, 2013 05:00 PM

Where

Online and Live Events

Contact Name

Contact Phone

307-655-9162

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CooperationWorks!

The Art and Science of Starting a Cooperative Business

2013/2014 Cooperative Business Development Training Program for Practitioners

This program has been designed to deliver the best of what has been learned in the field of cooperative business development.  It consists of three intensive five-day sessions emphasizing the practical application of cooperative business development skills.

At the conclusion of the program, participants will be prepared to develop a new cooperative business from inception through feasibility analysis, business planning, incorporation, capitalization, membership development, business launch and on-going operational stability and success.

The third session in the program examines the financial modeling and analysis process involved in conducting feasibility studies and business plans for start-up cooperatives.  Each student will complete a set of pro forma financial statements for a new cooperative business.  Participants must be experienced utilizing Excel. Areas of study in Session Three of the training and certification program include:

 

-       Components of financial analysis for start-up businesses

-       Financial success including liquidity, profitability and solvency

-       Revenue models, income statements, balance sheets and cash flow analysis

-       Financial projections and ratio analysis

 

Course Tuition

Members of CooperationWorks!                          $500 per participant

Non-Members of CooperationWorks!              $650 per participant

Partial scholarships are available; contact Audrey Malan for more information: 307-655-9162 / cw@vcn.com

Session Three Course Schedule

All participants of Session Three must be proficient in using Microsoft Excel.

The on-line program will begin Monday, September 23, and end on Friday, September 27. Classes will be held daily from 12:00 to 5:00 p.m. Eastern Time, with a 1 hour break from 2:00 – 3:00 p.m. Eastern.  Daily homework will be required, and participants will submit a set of pro forma financial statements two weeks after the course ends for a pass score for the program.

Enrollment and Registration

Enrollment in the CooperationWorks! training program is limited and will be on a first come, first served basis. Registration will be confirmed when full payment is received.

Participants may pre-register by emailing sarah@cedc.coop

Participants attending Session Three must be proficient in using Microsoft Excel.

CooperationWorks!

CooperationWorks! is a national cooperative of cooperative business development centers and practitioners. Members provide expertise across all aspects of cooperative development, including feasibility analysis, business plan development, training and education. By sharing their knowledge through CooperationWorks!, members maximize resources, avoid duplication and bring the greatest benefit to the communities they serve.  To find out more about CW visit: www.cooperationworks.coop

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