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What Is a Cooperative? How to Start One in 6 Simple Steps Co-ops are often created to lower costs, increase bargaining power, improve service quality, or provide products that profit-driven companies ignore They offer a powerful alternative for entrepreneurs looking to build something meaningful, sustainable, and community-centered
WHAT IS A CO-OP? - Cooperatives A cooperative or co-op is a business structure that is owned and democratically controlled by its member-owners who utilize its services The cooperative is formed because of the recognition by persons that as individuals they cannot achieve their economic or social goals by working separately
What is a Cooperative? - NAAE A cooperative is a business organization that is owned and governed by members who use its products, supplies, or services, rathan than by stockholders Although cooperatives vary in type, membership size, and services, all were formed to meet the specific objectives of members, and are structured to adapt to member's changing needs
Cooperative definition - The Open Co-op what is a cooperative? A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise
What is a Cooperative? | Nebraska Cooperative Development Center | Nebraska What is a Cooperative? A cooperative is an association of persons (organization) that is owned and controlled by the people to meet their common economic, social, and or cultural needs and aspirations through a jointly-owned and democratically controlled business (enterprise)
What Is A Co-op? | Defining Co-Ops, Types And How They Work In other words, cooperatives are created by people who have a specific need and who are willing to work together to operate and organize a company that will meet that need How Does a Cooperative Work? To an outsider, a cooperative might look very similar to any other type of corporation
Cooperative - Wikipedia A cooperative (also known as co-operative, coöperative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise " [1]