Sunday, June 1, 2014
Co-ops Have A Better "Survival" Rate
I have received some information from a person associated with the USDA that there are many (134) farm cooperatives over 100 years old. That number represents 6% of all co-ops, a far larger percentage than that of organizations formed around the standard business model (which runs less than 1% - perhaps even less than one-half of 1%). It will take some research into the normal cooperative behaviors and strategies, but I suspect they operate in a similar manner to the businesses that have made it into the century club - a great focus on relationships and community, and more focused on sustaining the 'business' than on growth.