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General Questions
What is a cooperative?
A cooperative is a business or organization owned and controlled by its members.
What are the benefits of a cooperative?
Cooperatives provide member control, shared resources, improved services, and community focus.
Membership and Governance
How do I become a member of a cooperative?
Membership requirements vary, but typically involve purchasing shares or meeting eligibility criteria.
How are cooperative governed?
Cooperative are governed by a board of directors elected by members.
Financial Aspects
How do cooperative make money?
Cooperative generate revenue through sales, services, or other business activities.
How are profits distributed?
Profits are often distributed to members or reinvested in the cooperative.
Advantages
What are the advantages of cooperative?
Cooperative offer member control, shared risk, and community benefits.
Challenges
What challenges do cooperatives face?
Cooperatives may face challenges such as funding, management, and competition.