Farmers Co Op Retail Stores Forms for Wake
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FAQ
Each member Co-op is an independent business owned by its farmer-members; those local Co-ops, in turn, own TFC. This gives the farmer true ownership of his or her own farm supply and service organization. Each farmer-member owns one share of voting stock.
Farmer-owned co-ops help producer-members market and process their crops and livestock, and secure needed production supplies and services. Consumer-owned rural utility co-ops provide electrical power and telecommunications services. Financial co-ops provide credit and financial services.
How to start a worker-owned cooperative farmStep one: Acquire farmland.Step two: Form your worker organization.Step three: Develop your values-based mission.Step four: Promote your values.Step five: Plan for the long-term security of the farm and its workers.
Cooperatives enable farmers to own and control, on a democratic basis, business enterprises for procuring their supplies and services (inputs), and marketing their products (outputs).
A farm cooperative involves a network of member farmers who reap many benefits of doing business as a unit. Individual farms work together to buy necessary supplies and services, as well as distribute, market and sell their products. Farmers save costs and access goods and services otherwise unavailable to them.
A retailers' cooperative is a type of cooperative which employs economies of scale on behalf of its retailer members. Retailers' cooperatives use their purchasing power to acquire discounts from manufacturers and often share marketing expenses.