Alternative business models
Overview
A healthy and resilient economy is one which has a range of business types and broad ownership. Community ownership and worker ownership have been demonstrated to be beneficial in improving long-term decision making and increasing investments in research and development as well as improving employee terms and conditions and environmental impact.
Employee ownership is seeing a rapid increase nationally and there have been some recent examples of Kirklees businesses taking up this option to ensure succession. This option may be attractive to more small and medium-sized enterprises (SMEs) moving forward. There are also opportunities to extend cooperative approaches in key areas including rolling out digital infrastructure, renewable energy generation and home energy efficiency.
