Boating Coperative

To be established in 2025, the Boating Co-Operative on the Gold Coast North will be the first of its kind in Australia.

* BOAT BUILDING - 15 Powerboat sizes between 18 and 48 FT ( Mono and Catamaran )
* BOAT ASSIST - Servicing - Driver Training
* MEN'S BOATSHED - Tradie Training
* TRAILER BOAT STORAGE
* MARINE SUPERMARKET
If you are interested in becoming involved in any of the above activities.
Co-operatives have been very successful for a very long time.
There are key elements you should know if you're looking at a co-operative:A minimum of 5 members is required. They are governed by a board of directors that is elected by the members, all members must maintain an active relationship with their co-operative by using or contributing to its main activities. All active members have an equal vote at general meetings regardless of their shareholding
Co-operatives are limited liability entities, meaning that members have no direct responsibility for the debts of the co-operative
directors of the co-operative owe legal duties to the co-operative and, under the law that may lead to prosecution and compensation if they are negligent, reckless or fraudulent in carrying out their responsibilities
Co-operatives are formed to provide services to their members rather than to maximise a financial return on investment. Members are rewarded by having access to less costly or better goods and services, these rewards may be in the form of rebates, or for distributing co-operatives, there may be limited dividends on their shares, anyone who can comply with a co-operative's rules can apply to be a member, with the directors making decisions about the suitability of applicants
members, other than directors, can be under 18, though these members cannot stand for office and do not have the right to vote
Please contact Call Now for more details