Co-op Month Celebrates Member-Owned Business Model

October is Cooperative Month, and this year’s theme is “The Co-op Connection,” an apt reference to the virtually unlimited number of ways in which co-ops connect their members to marketplaces and services they might otherwise be unable to access.

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It is estimated that the entire U.S. co-op sector generates more than $650 billion annually for the nation’s economy. These co-ops range in size from businesses included on the Fortune 500 to tiny co-ops that may only have a dozen or fewer members. Regardless of size or purpose, all cooperatives exist only to benefit their member-owners and their communities, not to generate profits for distant shareholders.
 
 
 
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It is estimated that the entire U.S. co-op sector generates more than $650 billion annually for the nation’s economy. These co-ops range in size from businesses included on the Fortune 500 to tiny co-ops that may only have a dozen or fewer members. Regardless of size or purpose, all cooperatives exist only to benefit their member-owners and their communities, not to generate profits for distant shareholders. - See more at: http://blogs.usda.gov/2014/10/01/co-op-month-celebrates-member-owned-business-model/#sthash.jOXeTomt.dpuf