cooperative enterprise
Shared ownership business
A cooperative enterprise is a business or organization owned and operated by its members for their mutual benefit rather than for outside investors' profit.
Members typically share in decision-making and divide earnings based on participation rather than capital invested.
Credit unions, agricultural co-ops, and worker-owned businesses are common examples: The dairy farmers formed a cooperative enterprise to process and market their milk.
- collective ownershipJoint holding by many
- profit-sharingDistributing earnings among workers
- credit unionsMember-owned financial cooperatives
- buying clubGroup for wholesale access
- worker cooperativesCollectively owned democratic businesses
shared ownership · reciprocity · mutual aid · barn raising · sweat equity · fair trade · common good · social equity · consensus-building · housing cooperatives · pooled resources · community kitchen · egalitarianism · triple bottom line · collective action · ethical business practices · environmental sustainability · grassroots movements
cooperative enterprisesole proprietorship
Unincorporated individual-owned business
privately held company · family business · private equity firm · conglomerate · holding company
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