member ownership

Member-ownership refers to a model where individuals or groups collectively own and manage an organization or business, such as a cooperative. In this structure, each member typically has a say in decisions and shares in the profits, promoting fairness and collaboration. This contrasts with traditional businesses, where ownership is often concentrated among a few individuals or shareholders. Member-ownership encourages community involvement, accountability, and aligns the interests of members with the organization’s success, fostering a sense of belonging and shared responsibility among participants.