What is a Co-Op? 2017-07-07T22:57:51+00:00

What is a Co-op?

A cooperative (or co-op) is a business operated and democratically controlled by its membership of Owners to meet their common needs and aspirations. Cooperatives operate according to seven basic principles.

Open to all without gender, social, racial, political, or religious discrimination. You may shop, you may join, and you may leave the co-op at any time.
One Owner, one vote. Your voice will be heard.
Owners contribute equitably to, and democratically control, the capital of the cooperative. The economic benefits of a cooperative operation are returned to the Owners, reinvested in the co-op, or used to provide Owner services. You control the capital.
Cooperatives are autonomous, self-help organizations controlled by their Owners. Together, you are autonomous.
Cooperatives provide education and training for Owners so they can contribute effectively to the development of their cooperatives. They inform the general public about the nature and benefits of cooperation. You can develop yourself into the consumer you want to be.
Cooperatives serve their Owners most effectively and strengthen the cooperative movement by working together through local, regional, national and international structures. You are more successful when you cooperate with others who know how to cooperate.
While focusing on Owner needs, cooperatives work for the sustainable development of their communities through policies accepted by their Owners. You can do something for the community even as you keep succeeding.

The Co-Op Network

Principle six is Cooperation among Cooperatives. These are some of the other Co-Ops that we love to work with:

weareopen-logoWe Are Open Co-Op

Working to spread the culture, processes, and benefits of OPEN wherever they can.