Cooperatives in Summerton, SC

Home » Cooperatives » South Carolina » Summerton

Find Summerton Gardens and Garden Centers Instantly



Summerton Cooperatives - What Are They & How Do They Work?

Summerton cooperatives, or co-ops, have been in existence for several years serving people and businesses for the betterment of the community. Cooperatives are Summerton businesses owned by the people 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.

Summerton Cooperatives - Group Classifications

Summerton co-ops has sorted out into groups such as;

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

Within these classifications you'll find more specialized cooperatives in Summerton, SC such as;

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

Each of these offers inexpensive alternatives to people who are a member of the cooperative. Members have the option of electing a board of directors. The board of directors handles day to day activities inside the cooperative.

Consortium child care cooperatives are also supplied within industrial parks. This helps parents in Summerton place their child within a daycare that is relatively close to their job in most cases at a cheaper rate than most daycares. Though it may be the businesses who deliver the primary 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 company and its members that supply 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 delivers 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.

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


Membership in Summerton Cooperatives

 Members of a Summerton cooperative have a large list of responsibilities that they have to follow. They have to make certain 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 provides 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 times when cooperatives in Summerton must decide to merge with other businesses in order to expand their services or dissolve on the grounds that there is not enough supply and demand of their services. The definitive role of the members can be difficult and yet it is important that they are knowledgeable and capable of making those decisions.

Cooperatives in Summerton, SC are an important part of people's everyday lives. By providing goods and services 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 really is essential 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 ability to make decisions about their company as a whole. That is what makes Summerton cooperatives so unique among the rest in the world today.