Co-operative and Mutual Solutions

Co-operative and Mutual Solutions are types of organizations that operate to serve their members' needs rather than to generate profit. In a co-operative, members pool resources and make decisions together to benefit the group—like a cooperative grocery store where shoppers are also owners. Mutual organizations, often insurance companies, are owned by their policyholders, and profits are reinvested or shared among members. Both prioritize member welfare, fostering collaboration and shared benefits, making them distinct from traditional businesses that focus primarily on profit for shareholders.