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At long last we are now Web Collective, Inc. Getting the Inc. at the end of our name was no small feat given we are an employee cooperative. I choose to personally deliver our Articles of Incorporation to the state office. It's a good thing I did because the nice lady who did the paperwork told me they see an employee cooperative about once every FIVE years! She had to make a few phone calls to verify the state still has a statute authorizing cooperatives.
$195 dollars and 20 minutes later and I had a UBI and a certificate. I immediately called everyone in the Collective and told them the good news. We worked so hard to get to this point. It's a very good feeling. Tonight we're getting beers to celebrate.
Next week we are going to pay our membership fees, sign a lease on office space downtown and start getting our books setup with an accountant. Now the hard work starts. I love it.
Labels: cooperative webcollective incorporation