The term co-op is short for cooperative and is used to refer to any business venture or enterprise that is owned by a large number of individual members rather than a few major investors. Because co-ops are locally funded, they have the interests of the community always in mind whenever they make any decision. This is how co-ops are able to offer their members significant lifelong benefits.
There are many advantages to becoming the member of a co-op in your local area. A local co-op is run by friends and neighbors in the community who will always be there for you. Local co-ops are actually like making an investment in your local community. Whenever a person becomes a member of a thriving co-op, they are actually helping the local economy to flourish and thrive, raising the living standard of everyone.
Local co-ops offer their members a wide variety of products and services. This selection may include everything from hardware and tools, to outdoor living and farm supplies. A co-op may carry pet and animal supplies, bulk feed, electrical, plumbing and building supplies, and even clothing for outdoor living and farming. Since co-ops are locally owned and operated by people living in the community, you can be sure that they will always stock the products that the local members need rather than a list of items determined in distant corporate offices like the big box stores.
Another important aspect of local co-ops is the way that they foster community involvement among members and employees. Cooperative ventures are literally founded upon the desire to provide much needed services to the community that eventually return the profits from its business back into the local community. When you shop as a member of your local co-op, you are treated as though you were in fact the owner of the business, enjoying a friendly and relaxed atmosphere as you shop.
Belonging to your local co-op does not just offer you excellent merchandise at great prices, it also gives you the potential to earn cash back each year that accumulates in an equity account as the co-op makes a profit. The fact is that co-ops simply operate differently from traditional businesses, sharing the profits from its operations with its members.
Your local co-op, unlike a corporate box store, will always have the interests of its members at heart when determining various aspects of its operations. If you would like to find out more about benefits of becoming a member of a local co-op, all you have to do is visit the website of a co-op in your local area. If you are located in the Lakeland area, all you have to do is search the web for information about your Lakeland Co-op. Buy now!