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)

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