Super late to the game on this one, and LOTS of posts to read through. I’m a bit confused on the overall endgame here, however wanted to flag that we obviously put live the new system for FCA last year which allows for easier and digital registration of Co-ops.
It may be I’m completely wide of the point here, but wanted to flag this as it’s already up there and live, in case there’s risk of duplication of effort.
Feel free to ignore if you are trying to achieve something else
Hey Nick, congrats on getting the FCA to accept digital applications - it didn’t sound easy!!
I think Level is kind of more about the “entry level” co-op - e.g. a couple of mates who want to do a thing together and don’t want to be each others’ bosses but don’t currently have a clear way of doing that (e.g. Outlandish when we started). None of us knew about co-ops beyond the seven principles, and we needed some company articles, etc. In the end we went for something like LLP Company Formation - £26.99 and ended up with totally generic articles, and we weren’t on the co-op movement’s radar.
As @patcon says, it’s part of an eco-system rather than The One True Solution.
Me too. But I also have an allergic reaction to pointless neologisms. Why do people so often feel the need to create a new (meaning for a) word when there is no apparent reason to do so?
@dansmallaxe can you explain the reasoning? Why called these LLPs a ‘Level’? What’s the point?
And as @olisb says why not just call them co-ops, given that is what they are?
Interesting. How so? I mean LLPs are tax transparent in that they themselves don’t pay any tax at all. And the vast majority of accountants and tax firms are LLPs (and they know a thing or two about not paying much tax), so would love to hear a fuller explanation of how this came to pass? (although this is off-topic so perhaps I should create a new thread…)
LLPs work great if you plan to distribute all the money to the members, but if you make a large surplus and want to use it for good then you end up losing 40% of it every year, which is twice as much as any other company loses. Oops.
Yep it’s to do with what you do with profits, after taxation. If you plan to distribute/spend other than to partners, you’re effectively spending out of money that’s already been taxed at your highest marginal personal tax rate (in this case 40%).
Interesting reading about our experiment with the new start-up tool “level”, thx for the comments.
On a related note,open data services helped us put our worker co-op rules on github as another way to reach out to a tech audience. It’s been done in such a way that if people have improvements or want to tailor the rules to their own needs, they can. Edits can either be forked off into a new version or if in time deemed better practice than the original merged back in.
I like this idea and wonder if it would work for other core worker co-op guidance/resources like developing a how to start a co-op guide or the worker co-op code of governance.
Akoma Ntoso has been finalized, but as with most specs, it has been criticized for being overly complicated. So I’m glad we are started with someone much simpler (and in existence!)
It basically takes a Google Spreadsheet and uses that to drive the data of a visual drag-and-drop contract wizard. could prob be just as effective as by-law builder
With the right schema for the xml, the spreadsheet could be auto-generated, or vice versa (not sure the best canonical form)
EDIT: Seems their GitHub Pages website is down, but relaunched here (might need some love, in retrospect): Contract Generator (see below)
Hey @athertonjohn, I have a group of technologists that’s tentatively interested in exploring creation of a similarly-intentioned tool for the Canadian context. Might you have any resources to share, or be open to doing a call? Curious how the experiment is going!
I’m not @BillySmith, but I also don’t understand the question - could you elaborate on what you are looking for and then perhaps people here will be more able to help?
Thank you @BillySmith. We have been asked by a website client who we also host their site for them for a web hosting contract. We already provide an SLA and service description.
This has been requested from an “audit committee into business continuity, and had some questions around what would happen to our website/data if there was a major problem”
Again, I’m not Billy (and I’m not sure he could help, afaik he isn’t involved in web hosting)
Also, I think your request is off topic and you’d be more likely to get a useful response from the network if you just created a new topic asking if anyone has a web hosting contract they could share