Tuesday 12 July 2011

Sunderland Home Care Associates

Like the John Lewis Partnership model and others who are not registered on the stock exchange, Sunderland Home Care Associates have a wide range of videos to be introduced to our blog. Sunderland Home Care Associates merits special attention as they are co-operatives i.e. one person, one vote, possibly equal wage systems and obviously a not-for-profit business. This does not mean, of course, that profits are not desirable but it does mean they are re-invested, after outgoings, within the organisation's structure. They would also probably have to be registered under Industrial and Provident Society legislation, although they could also be a Company Limited by Guarantee and/or a Community Interest Company. The interesting thing about co-operatives is that even the first piece of legislation, and certainly not the two others, fails to precisely state the actual operation of how cooperatives should, and could function.