A co-operative is owned by its people or members, so it will work by regular meetings being set up where these members will get together to discuss the company. These meetings will also be regularly attended by legal and business professionals who will also be involved in decisions that are made.
Below are some of the advantages and disadvantages of being involved in a co-operative business.
Below are some of the advantages and disadvantages of being involved in a co-operative business.
- The advantage of shared costs
- The advantage of equal monitoring
- The disadvantage of the risk of financing
- Disadvantage of shared decision