Though not all co-ops succeed, their survival rate tends to be higher than that of private sector companies. A 2008 study in Quebec found that 62% of new co-ops are still operating after 10 years, compared with 44% for other traditional businesses.
Though not all co-ops succeed, theirsurvival rate tends to be higher than thatof private sector companies. A 2008study in Quebec found that 62% of newco-ops are still operating after 10 years,compared with 44% for other traditionalbusinesses.