DEFINITION OF A "cooperative"

A cooperative (or co-op) is a business operated and democratically controlled by its membership of Owners to meet their common needs and aspirations. Co-ops are guided by the seven principles.

Seven Co-op Principles

1.  Voluntary, Open Ownership

2.  Democratic Owner Control

3.  Owner Economic Participation

4.  Autonomy & Independence
5.  Education, Training & Information

6.  Cooperation Among Cooperatives

7.  Concern For The Community

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