Cooperative Business Model

A cooperative business model is an organization owned and operated by a group of individuals who share common goals or interests. Members work together to meet their needs, often pooling resources and sharing profits. Each member typically has an equal say in decision-making, regardless of their investment size. Cooperatives can be found in various sectors, including agriculture, retail, and housing. This model promotes collaboration, community support, and mutual benefits, creating a more equitable distribution of resources and profits among members rather than concentrating power in the hands of a few.