Co-Op Company

What is an example of a Co-Op or Cooperative company?

Answer #1

Well, Europeat least is full of them, and they are generally called Co-ops. In Norway, the cooperatives are known as ‘Samvirkelag’ (a literal translation of Cooperative association), but the shops market themselves with big signs saying Co-op, which is what everyone calls them. You don’t have to be a member to shop there, but members often get special discounts, and at the end of the year, bonuses are paid out if the company has done well.

The co-operative movement started in Rochdale, England, in the mid-1800s, initially among the weavers of the village.

See michaelbluejay.com/coop/rochdale-principles.html and www.rochdalecoop.org/

More Like This
Ask an advisor one-on-one!
Advisor

Best Debt Consolidation Compa...

Financial Services, Personal Loans, Debt Relief

Advisor

Company Credit Score Blog

Financial Services, Business Consulting, Credit Reporting

Advisor

Top 10 Best Debt Consolidatio...

Financial Services, Debt Consolidation Services, Loan Services

Advisor

Cheke & Co

Chartered Surveyors, Quantity Surveyors, Land Surveyors

Advisor

Company Formation Services In...

Business Services, Consulting, Company Formation