Sticky money - evaluating the local impact of the co-operative pound provides guidance for co-operatives on using the LM3 tool to evaluate their local economic impact using the Lincolnshire Co-operative Society as a case study to illustrate the process.
Over summer 2012, Lincolnshire Co-operative used the Local Multiplier 3 (LM3) methodology to measure the local economic impact of its operations on Lincolnshire. This process was sponsored by Co-operatives UK and externally assessed by K2A.
Administration is often a wasteful and costly process, both to employees and to the economy at large. Saving business through worker co-operatives argues that up to 7,500 enterprises could be eligible to be saved through action to allow workers to take over the businesses.
This paper is based on interviews we conducted in May 2011 with sixteen women involved in the co-operative movement, commissioned by Co-operatives UK as part of the Co-operative Women’s 2020 Challenge.
Co-operatives UK Limited, Holyoake House, Hanover Street, Manchester, M60 0AS.
Registered in England as a registered society under the Co-operative and Community Benefit Societies Act 2014. Reg No. 2783R. Vat Reg. 147 861 47