"Over $2 trillion in business assets are at stake as the majority
of small business owners plan to exit their business over the next decade."
What do we do?
CoActive helps preserve your legacy, commitment to community and customer loyalty while helping you sell the business to your employees. Successful transitions could benefit from the Federal government’s Capital Gains Exemption and we are poised to work with your tax professionals, lenders and other trusted business advisors through this process. We offer feasibility analysis, financing assistance, business and succession planning and transition and incorporation as noted below.
Stages of a Business to Cooperative Conversion (BCC)
Feasibility Analysis
Is Employee Ownership the right fit for the business and is the business viable?
Financing Assistance
We will assess the situation and connect you to the financing you need.
Business and Succession Plans
Development of Employee-owners, to facilitate the purchase and continued operation of the business.
Transition and Incorporation
Executing these plans; may involve legal and accounting professionals to help with business structure and tax exemption.
Who is CoActive?
CoActive was formed to bring a different solution to the obstacle of business owner retirement by creating opportunities for Employee-Owned Businesses to form and flourish under a collective approach to entrepreneurship. These business succession gaps are well documented and much research has been developed around Employee-Ownership in Canada. CoActive provides this service offering to bridge the gap between business and co-operative development in BC.
Daphane Nelson
Business Developer
Daphane Nelson (she/her) is grateful to live in unceded Secwepemcúl’ecw, the land providing her family with nourishment, livelihood, and recreation in Kamloops, BC.
Ms. Nelson has close to twenty years’ experience advising businesses as a lender, administrator, and most recently, small business and co-operative developer with CoActive Developments Worker Co-op and the Union Cooperative Initiative.
Marty Frost
Cooperative Developer
Marty Frost (he/him) now makes his home on the unceded traditional territory of the Squamish, Tsleil Waututh, and Musqueam people, having moved from the Maritimes some 35 years ago. Since that time Marty has been engaged with the cooperative and non-profit world, in the area of enterprise development - as an employee and as a contracted developer.
Chris Galloway
Financial Analyst
Chris is a passionate co-operator who is currently an independent consultant who specializes in working with credit unions and cooperatives. Chris has a background in finance and worked in the financial cooperative sector in Canada for over ten years. He believes that growing the cooperative movement is one of the keys to the sustainability of communities and has been actively involved in providing cooperative development services for almost four years.