The cooperative way of doing business exists to combine visionary social ideas with the economic realities of running a business. It is a business voluntarily owned and controlled by the people who use it and is operated solely for the benefit of its owner owners people working together for their mutual benefit, achieving goals through cooperation that the individual could not achieve on their own. Cooperatives are based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, cooperative owners believe in the ethical values of honesty, openness, social responsibility, and caring for In addition to their common values all co-ops share seven basic principles. They serve as guidelines for how to put ideals and values into practice, distinguishing co-ops from other types of businesses.
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