There are a lot of different co-op structures and different aspects of the broad term co-op. Employee ownership is one aspect that could be further broken down

There are a lot of different co-op structures and different aspects of the broad term co-op. Employee ownership is one aspect that could be further broken down. Profit participation, worker-led governance and decision making, formal legal & tax categorizations are other interesting aspects. Stock options in small percentages are a form of profit participation but a weak contributor to the question on if a business is a co-op.