The co-operative business model combines the best of small business ownership and a corporation. It often includes local wealth creation and reflects community interests, like a small business. But it also provides governance, potential for longevity and limited liability, like a corporation. Here’s a look at how the model compares to other types of business models.
The co-operative business model has two key advantages. The first is how well it supports local economic, business and community development. The second is how versatile the model is – capturing both a small, three-person shop or a multi-stakeholder global partnership, and just about everything in between.
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