Businesses of all types encounter financial distress through many different factors such as rising supply costs, increased overhead, changing consumer demand, or inadequate capitalization. Here are four warning signs that every co-op board and management team should watch for to ensure that financial risks are recognized early and necessary changes are implemented quickly, allowing your co-op to achieve its goals:
Managing a food co-op takes a large and varied set of skills, some of which even a highly talented general manager might need help developing. With an updated curriculum and a roster of talented instructors, the GM Development Program provides both new and veteran GMs with the support and the tools they need to successfully manage and lead their food co-op.
In January of 2022, Columinate Organizational Development Consultant Jeanie Wells launched a four-part remote training program for Ozark Natural Foods in Fayetteville, Ark., to address how to manage price image during a volatile period of high food inflation with a relatively new management team.