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FAQ

General Questions

A cooperative is a business or organization owned and controlled by its members.

Cooperatives provide member control, shared resources, improved services, and community focus.

Membership and Governance

Membership requirements vary, but typically involve purchasing shares or meeting eligibility criteria.

Cooperative are governed by a board of directors elected by members.

Financial Aspects

Cooperative generate revenue through sales, services, or other business activities.

Profits are often distributed to members or reinvested in the cooperative.

Advantages

Cooperative offer member control, shared risk, and community benefits.

Challenges

Cooperatives may face challenges such as funding, management, and competition.