Can anyone help with this? I will provide contact email via direct message. Have also shared Coop Conversations.
Hello,
I am the founder and sole owner of an established hospitality venue in Leicester.
Ahead of our upcoming premises lease renewal this December, I am beginning the process of transitioning the business into a Worker Co-operative using the Co-operatives UK “Company Limited by Shares” model articles.
I am planning a phased exit from full-time daily operations to train as a psychotherapist. My intention is to stay onboard part-time to handle financial administration and mentor our excellent General Manager and core team. The buyout will be structured via a vendor loan note alongside unsecured co-operative lending.
As we map out our next steps, we are keen to explore different ways to structure our membership and voting eligibility. We want to find a model that empowers our permanent leadership team, while keeping daily operations running smoothly.
It would be invaluable to get some peer perspective on how other hospitality co-ops design their member eligibility criteria and other areas such as probation periods. Id like to explore how your network can support us through this journey
Best regards,
Kal