Co-operative consortia are formed when a group of businesses join together as a co-operative. They remain independent businesses, but by working together gain a competitve advantage.
As well as being referred to as co-operative consortia, these groups of businesses are also sometimes called marketing co-ops or secondary co-ops.
Groups of businesses join together for a variety of mutual benefits including:
Farmers and food producers, retailers, scientific researchers, tourism businesses and recycling businesses are amongst those who have taken a co-operative approach and started working together to increase their profitability with the support of the Wales Co-operative Centre.
The Centre can help with all stages of setting up a co-operative business consortium including sorting out a legal structure and registering the co-operative as a company limited by guarantee, industrial and provident society or community interest company. We can also help with writing a business plan and provide training for people involved with the business consortium.
Plunkett Foundation: www.plunkett.co.uk