Skip to main content

Convert an existing business to a co-op

Image
Leeds Bread Co-op

There are many benefits to converting a business to a co‑operative. Learn about what's involved in an employee or community buy-out.

    Converting to co-operative ownership

    The most common forms of conversion are:

    • Community buy-outs -where key assets and enterprises are taken into the ownership of the local community, or a community of interest.
    • Employee buy-outs - where ownership of a business is transferred to its employees.  Find out if you are eligible for support to help with your conversion. 
    • Charity conversions - where traditional charities convert into democratically-owned charitable organisations, often using community shares. Contact our advice team for help with this.
    Quote mark
    We needed to make sure employees have a say and a vote – that they have control.
    – Stephen Gill, founder of VME Co-op
    Get support to convert to co-operative ownership
    Support is available through our co-op support programme, The Hive
    Related content