Step 1: Provide Your Business Advisor With All The Necessary Info

Your co-operative business advisor's mission is to assist you in your transfer process, to help the co-operative that will eventually buy out your business to properly organize its management and governance system, and to act as an intermediary between you and the cooperative to find the optimal win/win solution for both parties.

To do this, it is essential that he have access to the information they need, subject to a written statement of confidentiality, so that they can properly analyze the issues and challenges, as well as the strengths and weaknesses that characterize your business.

They will provide you with a list of the necessary information. This information will not be communicated to the members of the cooperative's steering committee until they have also agreed to respect the confidentiality of the information by signing a commitment letter (Step 4).