In this teach-in our Director of Economic Democracy, Ricardo Nuñez, will provide an introduction to what legal entities are and the pros and cons of choosing one legal entity over another for California based worker cooperatives.
This teach-in will cover:
✅ What are business entities?
✅ What factors should you consider when choosing an entity for a worker-owned enterprise including sole proprietorships, partnerships, LLCs, and Corporations?
✅ What are the steps to forming a legal entity?
✅ Where can you find more resources?
We’ll also be joined by a Kieron Slaughter, Chief Community Development Officer at the City of Berkeley’s Office of Economic Development, to share how Berkeley businesses can access the Berkeley Revolving Loan Fund, particularly in light of the coop-friendly amendments that went into effect in 2020 and the influx of CARES-funded no/low-interest loans (so exciting!).
We’d like to thank the City of Berkeley for sponsoring this event and making more resources available to grow the cooperative economy in Berkeley!
If you are an entrepreneur, a business owner thinking about succession planning or transitioning to an employee owned company, or a worker coop with worker-members or candidates looking to skill up (Principle 5!), this training is for you!
ASL interpretation will be provided.
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