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It can, but it will have problem scaling - If the business grows and starts needing management skills beyond what a cook or a waiter would have, you will have
by cat_plus_plus 3y ago
It can, but it will have problem scaling
- If the business grows and starts needing management skills beyond what a cook or a waiter would have, you will have trouble hiring a qualified manager for same wages you pay to waiters
- If you need a loan to expand, lender is likely to want some control over how a restaurant is run rather than leaving it up to workers
If you are content to stay at a small scale where these factors do not matter, sure go ahead.
- timbit42 3y agoMondragon, the largest worker cooperative in the world, hires top level people with the skills to manage the company. Those people, instead of reporting to public shareholders, report to the worker/owners who decide the company direction.
- cmh89 3y ago>- If the business grows and starts needing management skills beyond what a cook or a waiter would have, you will have trouble hiring a qualified manager for same wages you pay to waiters Waiters generally make more than managers in restaurants in the United States at least. >If you need a loan to expand, lender is likely to want some control over how a restaurant is run rather than leaving it up to workers Co-ops get loans all the time. You just need a governance structure of some sort and collateral for a loan.
- thescriptkiddie 3y agoNot every employee at a coop has to make the same wage.