FAQs

What is a co-operative?

A co-operative is a versatile business model with many benefits for member-owners and for the community the business operates in. Download our brochure.

What are the benefits of the co-operative business model?

Co-operative businesses support local business and community development, create local jobs and strengthen the local economy. For member-owners, the business provides a much needed service, product or amenity and often offers member-owners profit shares or dividends.

How does a co-operative support local?

The profits from a co-operative business remain in the community and help build and strengthen the community and economy the business operates in. Co-operative businesses create jobs, encourage a “shop local” mentality and invest profits into the community they operate in. 

Because the business is a group-owned local enterprise, the business also reflects, and is embedded in, local ways, values and culture.

Why Co-operatives First?

A co-operative is a business and requires the same level of energy, skill and commitment as any other business. Starting and building a business can be complicated, confusing and frustrating. But we’re here to assist with that process.

Co-operatives First has the supports, resources and experience to help groups decide if they should become entrepreneurs, and we have the networks and connections to support group entrepreneurs working hard to build their businesses. And we provide this service at no cost.