Inspired by the Mondragon Cooperative Corporation of Spain, the Arizmendi Association of Cooperatives in the San Francisco Bay Area focuses specifically on one type of replicable restaurant. Their successful chain-like model is responsible for 125 jobs and $12 million in annual sales. Each Arizmendi Coop is autonomous, but receives training and substantial start-up funding from previous restaurants. In return, once the restaurant turns a profit, it returns some of the proceeds to the Association to seed more worker cooperatives. The restaurants share recipes, accounting, legal and other services, similar to corporate chains. (via Shareable: An Economy Turned Upside Down)
16 Dec 2011 / 0 notes