Worker Ownership – U.S. Federation of Worker Cooperatives

"...Legal forms: The corporate form for cooperatives varies. In states where there are cooperative incorporation statutes, businesses can incorporate as worker cooperatives. In states where there are no such statutes, democratic workplaces can take a variety of forms: S or C corporations, LLCs, etc. Whatever its incorporation status, a worker cooperative must create, in policy and practice, mechanisms for workers to make the decisions that affect the functioning and governance of the business....

Benefits: Cooperatives are the only form of business centered around membership, and member and community benefit is at the core of the cooperative model. Worker cooperative businesses are owned and run by their members, the people who work in them, and they operate for the benefit of these members...."