What does the word Co-operative mean for you?
The dictionary defines a Co-operative as ‘a farm, business, or other organization which is owned and run jointly by its members, who share the profits or benefits.’
We are exploring what a co-operative shop could possibly look like and putting a Business Model together. We have the basic structure on which to build so now for the details. The leaders of the NPOs will be meeting in August to brainstorm, discuss and decide on the more detailed aspects of this business model. This will include: business description, market research, product plan, marketing plan, operations and financial plan.
Look out for an update on how the meeting went and what is next!