co-ops

Co-op 101: What is a Cooperative? How can I form a Co-op?

Co-op 101: What is a Cooperative? How can I form a Co-op?

So, what is a cooperative? A cooperative, or co-op, is an organization owned and controlled by the people who use the products or services the business produces. Cooperatives differ from other forms of businesses because they operate primarily for the benefit of the members. Co-ops, as a business structure, have a few unique advantages.

Co-op 101: Types and Examples of Cooperatives

Co-op 101: Types and Examples of Cooperatives

Cooperatives exist in every sector of the economy, and cooperatives range from very small, local businesses to large multi-national corporations. Cooperatives can be classified by their primary business activity. Co-ops are often categorized as marketing, supply (or purchasing), consumer, service, and worker.

Co-op 101: How Do Cooperatives Compare to Other Business Structures?

Co-op 101: How Do Cooperatives Compare to Other Business Structures?

In our last post about Co-ops we talked about how cooperatives demonstrate the following principles: User-owned, User-Controlled; and User-benefitted. There are many positive attributes to the cooperative business structure, but it is not the appropriate structure for every business and its owners. Choosing the appropriate business structure is an important strategic decision for business owners.