Mutual and employee-owned businesses are designed for shared ownership, where a group of people run the business together and take decisions collectively.
They sit alongside familiar legal structures
such as limited companies and limited liability partnerships, which are standard ways for two or more people to own a business.
What makes mutual and employee-owned models different is the wider distribution of ownership and decision-making across the people involved. These models can offer practical benefits. Farmers can buy or share equipment together. Creative studios can run their practice in a fair and balanced way. Founders who want to retire can pass the business onto the people who know it best.