Worker-owned cooperatives
A worker-owned cooperative is a business owned and controlled by its workers
Worker cooperatives are values-driven businesses that put worker and community benefit at the core of their purpose. In contrast to traditional companies, worker members at worker cooperatives participate in the profits, oversight, and often management of the enterprise using democratic practices.
The two central characteristics of worker cooperatives are:
- Worker members own the business and they participate in its financial success on the basis of their labor contribution to the cooperative.
- Worker members have representation on and vote for the board of directors or governing body, adhering to the principle of one worker, one vote.
Become a Member
Flat Iron Co-Op operates as a hybrid co-op with worker members and consumer members working together to own and operate their business.
Consumer members can buy an equity share for $100 and participate in the co-op though annual meetings and board seats alongside worker members.
Interested? Reach out to us!
