When you’re part of a co-op you’re part of a movement.
A cooperative is a business operated and democratically controlled by its membership of Owners to meet their common needs and aspirations. For the states in the US that do have a separate legal entity for worker cooperatives, there are some additional requirements that make our companies different than your standard c-corp or s-corp. One of those requirements is adhering to the seven cooperative principles that guide this resurgent worker cooperative movement.
Six of these principles were drafted by the International Cooperative Alliance (ICA) in 1966, based on guidelines written by the founders of the modern cooperative movement in England in 1844. In 1995, the ICA restated, expanded and adopted the 1966 principles to guide cooperative organizations into the 21st Century.
The fine folks at Good Good Work strive to embody these principles in our work with clients and one another. Here they are… Read more