What is a co-operative?

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Co-ops are a unique way of doing business!

The word 'co-operative' describes a method of business and there are many different co-ops across the world.

A co-op is owned and democratically controlled by its members. The members are the main people who benefit from the business.

Co-ops vary in size, structure and even what type of work they carry out.

Co-ops with retail at their heart are probably the best known, but you can also find co-ops specialising in housing, farming, utilities and much more.

We support other organisations which spread the co-operative message such as the Lincolnshire Co-operative Development Agency, which helps people set up their own co-ops or social enterprises. We also work with the county's credit unions and run a credit union for employees.


 

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