1212: Community-owned village shops

This paper is summarised from the Plunkett Foundation report, ‘Community-owned village shops - a better form of business’

Year of Publication2011

Community‐ownership puts the people affected by a problem in charge of solving it and ensures that the enterprise is owned and run locally for the benefit of a community. Community village shops operate with a 97% success rate and grow at around 19 new shops per year. They have an average of 7 directors and 133 members, turnover of £132,635 per shop and volunteering saves them £27,752 per year in staff time. 98% sell local produce, 40% have cafes, 58% host Post Offices and 22% of Net Profits are reallocated to the community.

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