Cooperatives in Riviera Beach, MD

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Riviera Beach Cooperatives - What Are They & How Do They Work?

Riviera Beach cooperatives, or co-ops, have been around for many years serving people and businesses for the betterment of the community. Cooperatives are Riviera Beach businesses owned by the individuals who utilize them. Depending on classification, they either supply certain services or foods to those inside the city. People who are a part of a cooperative benefit by helping, not only themselves, but others as well.

They provide necessary components to the economy. For instance, agriculture cooperatives are controlled and owned by the user, typically farmers. Farmers have the ability to join what are known as marketing cooperatives and charge more for the products but less for their marketing, attracting business. Those buying the products benefit on the fact that they are purchasing fresher, healthier products.

Riviera Beach Cooperatives - Group Classifications

Riviera Beach co-ops are classified into groups for instance;

  • Marketing Cooperatives
  • Purchasing Cooperatives
  • Service Cooperatives
  • Food Cooperatives

Within these classifications you can find more specialized cooperatives in Riviera Beach, MD such as;

  • child care
  • health
  • utilities
  • credit union
  • housing
  • worker
  • agriculture
  • dairy  

Each of these offers affordable options to those who are a part of the cooperative. Members have the choice of electing a board of directors. The board of directors oversees daily activities inside the cooperative.

Consortium child care cooperatives are also supplied within industrial parks. This can help parents in Riviera Beach place their child within a daycare that is moderately close to their job and usually at a cheaper rate than most daycares. Even though it is the businesses who deliver the initial funding to start this kind of service, it still revolves back to those that own the daycare electing their own board of directors. It is the owner of the business and its members that provide all of the decisions and ultimately decide how it is ran.

A good example of how utility cooperatives can work for their members is Craw-Kan Telephone Cooperative Company. This company provides telephone service to its members who hold shares within the company and at the end of every year each member gets a portion of that profit sharing. This not only encourages others to become members and pay their bill on time regularly, but also benefits both the company and those that they provide service to.

Riviera Beach electric and telephone cooperatives provide their services to individuals while hearing members voices. The members have the ability to voice their concerns and suggest what they need changed as it is them who determine just what goes on within that cooperative.


Membership in Riviera Beach Cooperatives

 Members of a Riviera Beach cooperative have a large list of responsibilities that they have to follow. They must be sure that all of the relevant laws are met and followed by its members. They must appoint or removed directors on an appropriate basis. Members must know what their cooperative delivers and familiarize them self with services in order to better serve others. You must be able to meet customer satisfaction in order to run efficiently, effectively and profitably.

There are instances when cooperatives in Riviera Beach must decide to merge with other businesses in order to expand their services or dissolve on the grounds that there is not enough demand and supply of their services. The decisive role of the members can be difficult and yet it is important that they are well informed and able to make those decisions.

Cooperatives in Riviera Beach, MD are an important part of people's everyday lives. Through providing services and goods to their members, they are offering a mutually beneficial option. Without cooperatives, nearly 26 million people in America would be without the electric services that these places provide. Over 100 million Americans would be hard pressed to find affordable goods and services and all the net worth that these cooperatives pull in together would be lost.

It's crucial to have these in our lives in order to maintain a balance between affordable and quality in our lives. Individuals are brought together in a cooperative group in order to run a business that will provide quality services to those in need while maintaining the right to make decisions about their company as a whole. That is what makes Riviera Beach cooperatives so unique among the rest in today's times.