Cooperatives for Professionally Licensed Businesses
Adapting cooperative structures into professionally licensed businesses
Professionally licensed businesses are subject to unique regulations that restrict who can own the business and participate in its profits. We offer solutions for adopting cooperative practices within professionally licensed businesses and for these businesses to cooperate with each other.
Worker self-directed professional entity
MSO
What is a Managed Service Organization?
An MSO is an entity that provides administrative, operational, or back-office services to multiple businesses, nonprofits, or cooperatives. But unlike a traditional outsourced services firm, a cooperative MSO is collectively owned and governed by its members—whether that’s a group of businesses, cooperatives, or nonprofits. This means you’re not just a client, you’re a co-owner with a voice in how the organization is run and how services are delivered.
Learn more in our blog post: Why Your Business May Consider Forming a Cooperative Managed Service Organization (MSO)
Services offered:
Preparation: We meet you where you are in the process of considering or forming your cooperative MSO.
Business consulting and planning: We facilitate the process for engaging all parties through the legal landscape and the decisions that will need to be made around forming and governing the MSO.
Business formation: We produce and file the founding documents in compliance with local, state, and federal jurisdictions.
Cooperative governance: We guide members through adopting their bylaws, including the processes around how important decision are to be made and how profits shall be distributed.