Because there is no difference between the Indigenous Nation and the business using this model, the Nation assumes all responsibility for business losses and the creditors can go after the Indigenous Nation’s other assets in the event of a business failure. [...] The key decision-making entity in a corporation is the board of directors, which is appointed to oversee the business affairs of the corporation on behalf of the shareholders. [...] Indigenous Business Toolkit Project 6 The development of the business corporation was a significant event in the development of the economy of the western world. [...] Co-operatives A co-operative is a business where the members both own the business and use the goods and services provided by the business. [...] The modules in the Toolkit cover everything from the role of economic development in nation building, to the importance of business charters, to the various legal forms that can be used to pursue economic development, to the steps needed to identify and negotiate beneficial partnerships, to the governance challenges that economic development must address.
Authors
- Pages
- 10
- Published in
- Canada
Table of Contents
- Vern Bachiu Murray Fulton Kristy Jackson Johnson Shoyama Graduate School of Public Policy University of Saskatchewan July 2024 1
- Legal Structures 2
- Summary 2
- Legal Structures 3
- Sole Proprietorship Partnerships Table 1. Advantages Disadvantages 3
- Limited partnerships are used by First Nations and a few northern 4
- Corporations 4
- Table 2. Advantages Disadvantages 5
- Table 3. Advantages Disadvantages 6
- Co-operatives 7
- Table 4. Advantages Disadvantages 8
- Conclusion 8
- Resources 8
- Bachiu V. M.E. Fulton and K. Jackson. 2024. Limited Partnerships. Indigenous Business 8
- Beveridge D. 2024. Co-operatives Northern. Indigenous Saskatchewan Encyclopedia. 8
- Retrieved from httpsteaching.usask.caindigenousskimportco- operativesnorthern.php. 8
- SK Startup. 2024. Choosing a business structure. Retrieved from 8
- White K. and M. Fulton. 2022. Ile-a-la-Crosse Co-op Case Study. Indigenous Leadership 8
- Governance and Development Project. Retrieved from httpswww.schoolofpublicpolicy.sk.cadocumentsresearchcase-studiesile-a-la- crosse-case-study.pdf . 8
- Wolf P V. Bachiu and M. Fulton. 2023. Misty Ventures Case Study. Indigenous 8
- Leadership Governance and Development Project. Retrieved from httpswww.schoolofpublicpolicy.sk.cadocumentsresearchcase-studiesmisty- ventures-case-study.pdf. 8
- Notes 9
- Indigenous Business Toolkit Project 10
- Disclaimer 10
- The Authors 10
