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Co-operatives

Summary

A Co-Operative is an organisation owned and democratically controlled by its members. 

What is a Co-operative?

A Co-Operative is an organisation owned and democratically controlled by its members.  There are many types of co-operatives in the UK, including:

  • Consumer, including food retail, banking, travel agencies, funeral services
  • Housing
  • Worker, where enterprises are owned and managed by their employees, as an aternative to other legal forms of ownership
  • Local Exchange Trading Systems, where people exchange skills or goods when lack of money would usually prevent it.  Often, other skills or goods are given in return
  • Community
  • Care
  • Service
  • Food
  • Agriculture

A Co-Operative is characterised by its satisfaction of mutual needs of its members (rather than simply profits), they are run democratically on a ‘one member, one vote’ basis, profits or ‘dividends’ are shared amongst the members, and shares are withdrawable.

Where can I find out more about Co-Operatives?

Suffolk Community Enterprise (SCE), operated by Suffolk ACRE is the Co-Operative Development Body for the County who produce a range of advice sheets.
Email - info@suffolkacre.org.uk
Tel - 01473 345300

More information on Co-Ops can be found at: Co-op Online website

Related pages on this website ...

External links ...

Business Link
Business Link
A free business advice and support service, available online and through local advisors.
Business Link's website
Suffolk County Council
Suffolk County Council
Working in partnership with public, private and voluntary sector organisations, to bring about real and tangible improvement to the well-being of communities by working on both sides of the economy.
Economic Development web page
Choose Suffolk
A countywide private public sector partnership with the mandate to position Suffolk as the premier destination in Britain for business.
Choose Suffolk's website

About links to external sites.

Contact us ...

Team:
Economic Development
Telephone:
01473 825868
Minicom/textphone:
01473 825878
Fax:
01473 825770
Address:
Babergh District Council
Corks Lane
Hadleigh
Ipswich
IP7 6SJ

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Last updated on: 17 August 2011 | Date of next review: 17 August 2012

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