cooperative business models

Cooperative business models are organizations owned and operated by their members, who share in the benefits and decision-making. Members can be customers, workers, or producers, depending on the coop type. Profits are typically reinvested or distributed among members based on their participation. This model emphasizes democratic control, equality, and community focus, aiming to serve members’ needs rather than maximize profits for outside investors. Examples include worker co-ops, consumer co-ops, and agricultural cooperatives, fostering collaborative efforts that promote shared economic and social interests.