Sun, 07 Jun 2026 05:50:20 +0100 https://www.greenbuildingforum.co.uk/newforum/ Lussumo Vanilla 1.0.3 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6381#Comment_6381 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6381#Comment_6381 Thu, 06 Sep 2007 21:42:55 +0100 Katymac
It's for my eco nursery (which maybe ressurected.....hopefully)]]> https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6474#Comment_6474 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6474#Comment_6474 Sun, 09 Sep 2007 09:05:36 +0100 nigel
See the attached link http://www.cicregulator.gov.uk/faq.shtml#two

I am not sure it has any particular advantages to you and your nursery unless it enables you to access additional funding.

A coop is a business owned and operated by its employees and again I am not sure how it will enable you to access additional funding.]]> https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6476#Comment_6476 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6476#Comment_6476 Sun, 09 Sep 2007 09:26:00 +0100 Katymac http://www.co-opandcommunityfinance.coop/ will lend over 20 yrs to a co-op (plus I don't pay 3% extra a year to the DTI)

Which makes sense as we can't affor dthe loan over 10 yrs

A CIC is a way of running a co-op (apparently) - but I'm struggling to understand how it works on a day-to-day basis]]> https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6481#Comment_6481 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6481#Comment_6481 Sun, 09 Sep 2007 11:46:37 +0100 nigel
If you are putting in your own capital then the CIC isnt a very good idea.]]> https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6483#Comment_6483 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6483#Comment_6483 Sun, 09 Sep 2007 13:18:21 +0100 Katymac
At least as I understand it]]> https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6927#Comment_6927 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6927#Comment_6927 Thu, 20 Sep 2007 00:20:29 +0100 SimonH
A CIC has rules on how to split the profit. I.e you can pay yourself a directors wage, a good wage even, and other staff, but any business profits have to go back in for some good purpose and not be paid as dividends. The main benefit of a CIC over a regular ltd company is the easier access to grants. If you already qualified as a CIC then you've satisfied companies house on the purpose of the company is for some good of society. However funders will still want to check over you books in most cases.

Ask yourself - why do I want a Co-op, CIC? If it to put the money to good use, then you can still do that by having a good CSR policy, and / or write contracts with people on how you'll distribute money - should you make any :-)

I've been looking at starting several businesses lately - all around eco themes, and you kind of feel you should be a co-op or CIC. I've come the conclusion that profit needn't be a dirty word! Keeping control is more important.

Simon]]> https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6936#Comment_6936 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=6936#Comment_6936 Thu, 20 Sep 2007 11:32:46 +0100 Katymac https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=16188#Comment_16188 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=16188#Comment_16188 Thu, 13 Mar 2008 21:55:10 +0000 renewablejohn
any further with your coop plans.

I am in the middle of purchasing a victorian market hall which will be a blank canvas as my main operation will be a CHP unit in the building next door heating the market hall. I am into renewables and ethical trading and was wondering whether the market hall would be better set up as some form of coop. The building has 8 former retail units and space for 9 craft units on the ground floor and 10 display units on the mezzanine floor with balcony. The central area of the building has to remain open so continental tables and chairs was envisaged with a wine bar/restaurant on one side and a pub/cafe on the other.The other alternative would be a standard tenant and landlord arrangement but that seems to defeat the object of a working community. Any suggestions]]> https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=16196#Comment_16196 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=16196#Comment_16196 Thu, 13 Mar 2008 22:42:57 +0000 Katymac
Just waiting for the paperwork

& already 1 argument

I wanted a computer to use for the business & asked 2 of the directors who said yes (which plus me made 3) - told 4th next day that I had bought one & they went off in a huff - so not an ideal start

I know lots of craft/art communities work as a co-op

Sorry not to offer more help - I'm on a near verticle learning curve atm]]> https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=16201#Comment_16201 https://www.greenbuildingforum.co.uk/newforum/comments.php?DiscussionID=639&Focus=16201#Comment_16201 Thu, 13 Mar 2008 23:07:28 +0000 Nick Parsons
Nick]]>