Steering Committee >> Association Governing Board
The steering committee is evolving into the Governing Board for the nonprofit Association promoting the establishment of a cooperative grocery store
- Research and gather information
- Conduct a preliminary feasibility study
- Survey potential members
- Establish a membership structure
- Recruit members
- Explore options for financing
- Pursue initial inquiries with financing agencies
- Report on progress to members
- Hold membership meetings as needed
- Prepare a business plan
- Coordinate publicity and public relations concerning the co-op
Governance & Membership
This committee will be determining the co-op membership structure as well as the general governance structure for our cooperative.
- Establish a board of directors that will act as trustees on behalf of the members, monitoring finances, making sure the co-op follows its bylaws, policies, and appropriate regulations. This includes nominating a president, vice president, secretary and treasurer to organize and coordinate their work.
- Ensure sound management of the co-op. The board is responsible for hiring and supervising supervising the co-op’s management.
- Set long-range goals and plan for the co-op’s future.
- Establish and implement a simple yet sustainable membership system, in compliance with local regulations and cooperative bylaws.
Finance / Fundraising
This committee is responsible for identifying the best mechanisms to raise and organize capital.
Market Research / Real Estate
- Commission a professional location and site analyst with expertise in food co-op development to research the best place in your area for a retail co-op.
- Ideally that support the values of the co-op, including serving the underserved
- Use the results of your feasibility and market study to learn about needs and shopping patterns of your prospective customers.
- Explore options for leasing, owning, building new, or remodeling a site.
- Set minimum retail square footage needed to support demographic feasibility
- Longer term
- Choose one or two people to handle site search and real estate negotiations.
- Negotiate a lease or purchase agreement.
- Create an initial site plan and store design.
- Get preliminary approval from the city for the plans.
- Begin the bidding selection process for an architect and building contractors.
- Hire a project manager to oversee implementation after a site has been secured.
This committee shares the evolving vision for the co-op with neighbors, media, and community groups around Louisville. Tasks include:
- Media / PR- Get interviews, write stories & op-eds and press releases for all kinds of local media
- Go to events and meet people
- Distribute the survey widely among potential members & check returns to see if we are reaching our target market , so we know if we are getting useful data
- Recruit members
- Manage social media & email list