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 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.
