In the face of rising prices and cost of living worries have you ever wished there was a different, fairer, way of doing business?
Profits are shared between people who have a stake and a say in how the co-op is run, not distant investors or shareholders motivated only by large profits.In the UK co-ops are four times more likely to survive, with just 1.5% dissolving in 2020, compared to 6.5% of businesses in general. As a result, there is support available out there from Co-operative Development Scotland for new and existing co-ops in Scotland if you are interested in developing a business that shares benefits more widely.
Here’s just a few to inspire you: Isle of Eigg Brewery The Isle of Eigg was bought by a local community trust in 1997, ending hundreds of years of Laird rule and this history made the island an ideal setting for Scotland’s first co-operatively owned brewery. The council was looking for one operator to deliver its Care at Home Aberdeen City Contract which combines virtually all publicly provided home care services in the city.