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.
We needed to make sure employees have a say and a vote – that they have control.
– Stephen Gill, founder of VME Co-op
Group of people in front of a building
Get support to convert to co-operative ownership
Support is available through our co-op support programme, The Hive
Content by The Hive
The Hive offers up to 10 days tailored business support, mentoring and training to help you understand the options for direct worker or community ownership – and the benefits this brings.
More and more communities are taking over ownership of much-loved community buildings and spaces. Find out what's involved.
Content by Ownership Hub
The Ownership Hub is a joint project between Co-operatives UK and the Employee Ownership Association and supports the #1MillionOwners campaign.
£200 million has been raised through community shares by more than 126,000 people since 2012. We work to grow the community shares market through our leadership in best practice standards and…
A guide to employee buyouts and becoming an employee owned business.