Thank you again everyone for making this real!!
Please note the new video in UPDATE #8, documenting the next step in this process: involving a worker.
We would like to continue collecting pledges. If we could we make it to $27,500 that would cover the costs of:
1. A 16-week cooperative development course. Knowledge building, team-building, and equalizing— that's what this crash course could do.
2. Removal of the exterior signage from the store's site.
3. The hiring of an architect to precisely measure out the space, draw plans, and detail the layout of the store.
4. The hiring of an accountant to do payroll and quarterly taxes.
The full fundraising effort (see the business plan) requires more than a quarter of a million dollars, so... we're not turning down supporters yet!!
Thank you all for all the thought, hard work, scheming, strategizing, spamming, sharing, and sending that you all did; it worked! NOBODY DID THIS BUT US.
I saw an "Event" called "A radical worker-owned grocery store" listed on Facebook. When is this event happening? I would like to attend.
The "Event" listed on Facebook is this fundraiser itself. There will be a party, but we'll have to figure out when that will happen later, because it will be in the space. If you click "I'm attending" for that event on Facebook we'll just assume you mean you love us!
I have a question after looking at your 90-day plan/financials. It looks like at the end of the 90 days you're looking at a zero balance. Where will the money come from to keep the coffee co-op going and also phase in the Pumpkin Patch?
It's true that our financials reflect a zero balance at the end of 90 days and no pumpkins; here's what we think will happen: A) we believe we will be able to negotiate lower rent on the space; B) we believe sales will be higher than what we've projected; C) we have a friend who will use personal money to get the pumpkin patch going if we do not raise enough money to do it on our own.
As far as continuing operations, we hope to never even pause our operation, but we will eventually have to in order to renovate the space, install equipment, etc. Funding for this will come separately from this Kickstarter campaign. We are applying for grants from many agencies, foundations, and programs. We are also searching for investors to lend us startup funds. If you look at the long-term business plan, you'll see that we need over a quarter of a million dollars to do this right.
The purpose of doing this Pop-Up Co-Op project is to push this idea over the edge into reality. If we make sales, we will be a corporation that is making sales; this puts a company into a whole other category with regard to financing, especially lending.
At worst, we will end up with tenancy of the retail space but will have to pause to complete more funding and put our first worker on unemployment. At best, this push will give us the momentum to phase straight into renovations, hire the other three workers, and have a grand opening of the official store. We of course are hoping for the latter path!
Yes they did. It can be found here:
Thanks Beastie Boys!!
If we do not raise the whole amount we don't get any of it.
All that will happen is that your credit card will not be charged, so you won't have to do anything.
But let's stop talking about what will happen if we fail. We must succeed!
We cannot renovate the space before we do the pop-up co-op phase, so (unfortunately) there will have to be a break while we build out. Maybe don't think of it as a closing party, but as a pause. A pausing party!
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- (30 days)