The proliferation of the Internet has revolutionized the way people work together for business. People located at remote places can collaborate across organizational and national boundaries. Although the Internet provides the basic connectivity, researchers all over the world are grappling with the problems of defining, designing and implementing web services that would help people collaborate effectively in virtual teams and enterprises. These problems are exacerbated by a number of issues, such as coordination, communication, data sharing, mobility and security. Hence there is a strong need for multiple services (to address above issues) though an open cooperative management platform to support the design and implementation of virtual teams and enterprises in this dynamic business environment. This paper presents a cooperative management platform called Toxic Farm for this purpose and discusses its application in business applications.