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"co-op" or "co-operative" is what I see them being called in Canada. A few small "craft" industry in my town is structured like that, where every employee is an
by yabones 4y ago
"co-op" or "co-operative" is what I see them being called in Canada. A few small "craft" industry in my town is structured like that, where every employee is an owner with a stake based on their position, tenure, etc, and all profits are distributed back out each quarter/year. They're also common in agriculture, where a feed mill will be owned by all the farmers that use its services and/or store their grain there.
https://en.wikipedia.org/wiki/Cooperative https://en.wikipedia.org/wiki/Cooperative