Lake Oswego Cooperatives - What Are They & How Do They Work?
Lake Oswego cooperatives, or co-ops, have been in existence for quite a while serving people and businesses for the betterment of the community. Cooperatives are Lake Oswego businesses owned by the individuals who utilize them. Depending on classification, they either offer certain services or foods to those in the community. Those 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 are able to join what are known as marketing cooperatives and charge more for the products but less for their marketing, bringing in business. Those buying the products benefit on the fact that they are purchasing fresher, healthier products.
Lake Oswego Cooperatives - Group Classifications
Lake Oswego co-ops has sorted out into groups including;
- Marketing Cooperatives
- Purchasing Cooperatives
- Service Cooperatives
- Food Cooperatives
Within these classifications you will find more specialized cooperatives in Lake Oswego, OR such as;
- child care
- credit union
Each of these offers affordable alternatives to those who are a member of the cooperative. Members have the choice of electing a board of directors. The board of directors manages day to day activities within the cooperative.
Consortium child care cooperatives are also provided within industrial parks. This helps parents in Lake Oswego place their child within a daycare that is reasonably close to their job in most cases at a lower rate than most daycares. Though it may be the businesses who supply the initial funding to begin 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 the decisions and ultimately choose how it is ran.
A good example of how utility cooperatives can work for their members is Craw-Kan Telephone Cooperative Company. This business delivers telephone service to its members who hold shares within the company and at the end of each and every year each member receives a portion of that profit sharing. This not only entices others to become members and pay their bill on time regularly, but also benefits both the company and those that they provide service to.
Lake Oswego electric and telephone cooperatives provide their services to individuals while hearing members voices. The members can voice their concerns and suggest what they want changed as it is them who decide just what goes on within that cooperative.
Membership in Lake Oswego Cooperatives
Members of a Lake Oswego cooperative have a large list of responsibilities that they must follow. They have to ensure 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 offers 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 occasions when cooperatives in Lake Oswego must choose to merge with other businesses in order to expand their services or dissolve on the grounds that there's not enough supply and demand of their services. The decisive role of the members can be difficult and yet it is necessary that they are knowledgeable and capable of making those decisions.
Cooperatives in Lake Oswego, OR are an important part of people's everyday lives. Through providing services and goods to their members, they're 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 keep things in balance between affordable and quality in our lives. People 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 authority to make decisions about their company as a whole. That is what makes Lake Oswego cooperatives so unique amongst the rest in the world today.