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This article represents an
appeal to compromise and conscience. It
provides alternative reasons for raising debt, and hopes to encourage
reflection upon member needs. It is not
a banner of protest or a platform for insurrection.
There will be no flyers printed or
attempts to save us from the
fabrication of impending doom. The
author voted for the purchase of 100 Watervliet Ave. and will vote for
the necessary
capital to remodel. I do, however, seek
to make our future debt service more palatable by calling for an
equitable
distribution of capital funds between our people, product/purpose, and
property.
Honest Weight Food Co-op, in
particular its board members, dedicated considerable energies to effect
due
diligence as it labored to find a suitable site. Patient,
prudent and wise, the various members proved resolute as
frustration mounted during our
five-year search. Clearly, they have
been vindicated and assuredly, our best interests are foremost in their
efforts.
Nevertheless, it is incumbent
upon us to realize we will eventually require capital contracts that
place
property before people and purpose.
Anxious though we are to forge ahead, I
am concerned we may ultimately
surrender our two greatest assets to the insatiable appetite of
corporate
economics. Given that outside creditors
cannot, and will not, be moved by Honest Weight principles, I suggest
we avoid
the anguish often associated with choosing between that which is
cherished and
what which has worth. We can accomplish
such through compromise, and by understanding that, in our big picture,
people
and product are more germane than property.
This is a reasonable analysis of future
equations not a whimsical
traipse down utopia lane. Any sane,
lower-volume, grocer would assess the intrinsic importance of people
and
purpose when preparing to increase market presence.
Indeed, absent property, what other
possible conclusions could we
infer for excelling to date?
Presently, employees and
member workers are Honest Weight’s greatest asset.
Their significant contribution to our
success cannot be
overstated, but could, calamitously, be undervalued.
Similarly, product is central and
crucial to legitimizing and
leveraging our philosophy and principles; and therefore, its value
rests above
and beyond commodity status. Property,
although important, is basically the means to achieving a more
compatible end. We should be cautious and
measured when assigning
worth to it, and scrupulously avoid placing the inanimate before that
which
lives and that which nourishes.
Honest Weight customers
patronize our present location in spite of its deficiencies. We may trust they do so because of who we
are, the choices we make, and the values we practice.
Their patronage has nothing to do with
property and everything to
do with people and purpose. To
vacillate, and not internalize this point, risks us becoming a
corporation with
pods instead of remaining a cooperative with a philosophy.
Frankly, the business models of our
competitors are considered successful on their terms, not ours.
Regardless the organization,
great people have options they are free to explore.
Should we try to compensate dedicated
employees with wages that
further endear them to our purpose?
Yes, because a devoted staff is the
surest guardian against the coming
onslaught of corporate aggression.
Their knowledge, skills and abilities
will be coveted by companies whose
deeper pockets afford higher wages.
Therefore, it is right and just for
Honest Weight to hedge its future by
substantially raising the salaries of all employees.
Anyone paying attention to
energy and food systems has concluded that local, organic, and seasonal
product
will someday dominate. Accordingly,
competitors will try to starve our niche by establishing exclusive
contracts
with local producers. We, cannot,
because of future debt service, chance that relationships cultivated
today will
be affordable tomorrow. As with personnel,
we must consider the lofty compensation of farmers as a basic
ingredient of
Honest Weight’s business model.
Space limitations prevent the
presentation of supporting facts and figures.
Time permitting, the author will lobby
to influence our budget
accordingly, and I will also discuss the details of achieving equity
with anyone
so inclined.
To
summarize, whatever capital we do borrow or raise should be equally
distributed
across people, product and property. If
not, I don’t doubt our viability, but I do predict less than affable
discussion
regarding continued solvency. Honest
Weight Food Co-op enlists special people expressly engaging our
community while
providing nutritious product from a piece of property.
In the months ahead, I hope others will
champion a similar conclusion.
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