Combinations of people based on volunteerism. There are economic goals to be achieved. There is a fair contribution to the capital needed. Cooperative members receive the benefits and risks are balanced. With the characteristics free email address list philippines mentioned above it is certain that cooperatives also have their own advantages and disadvantages. With the principle of kinship as its foundation cooperatives have unique advantages and disadvantages compared to other business entities.
The following are the advantages and disadvantages of cooperatives Advantages Cooperatives have advantages as in the points below The remainder of the business results produced by the cooperative will be shared among the members. Cooperative members act as consumers and producers at the same time. Cooperative membership does not happen by force but rather at each individuals desire. each party to improve their lives Prioritizes the interests of members.