Cooperatives have changed the way businesses work.
From small shops to multinational companies, it’s all about people working together and sharing value.
Cooperatives can offer us a sense of community and a sense that we can really get along with each other.
But what is a co-operative?
And why should we trust them?ABC News investigates how the co-op movement is changing the workplace.ABC News:What are co-ops?
A co-operatively run business is one in which all the members of the company are co‑operators, and the company is not managed by an individual or group.
In a co‑operative, all the employees are members of a co – and they all work together on the business.
A co-owner, or co-managers, have the power to appoint or dismiss the members.
A board is also in place to ensure that all decisions are made collectively, and in the interests of the organisation as a whole.
Co-operatives have the potential to improve our workplaces and economies.
Cooperatives can help create value by providing a cooperative structure that can support and support co-workers.
This creates more jobs, improves the workplace and boosts the value of the economy.ABC news:What does it cost to set up a co–operative?ABC news explains how to set-up a co‐operative in Australia.ABC:What is co-working?ABC:Why is co‑working important?ABC’s business reporter, Ben Wilson, answers these questions.ABC’s Business in News: