What Are the Challenges Faced by Worker Cooperatives?
1. Access to Capital: Securing financing can be challenging, as traditional investors may be hesitant to invest in a model that does not prioritize profit maximization. 2. Decision-Making: While democratic decision-making is a strength, it can also slow down processes and lead to conflicts if not managed effectively. 3. Scalability: Scaling a worker cooperative can be complex, as maintaining democratic principles and equitable profit-sharing becomes more challenging with growth.