CO-OPERATIVE ESSENTIALS w
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Why Co-Operatives? • Co-operative enterprises ought to base their futures on the values that give them with distinctive competitive advantage within the market place.
• Co-operatives should learn from the experiences of no-hit co-ops world over. • Co-ops got to strive exhausting to positioning them as a reliable and most Page 2 well-liked complete.
Why Co-Operatives? •
Co-operatives have to be compelled to repair the image of co-operatives by lobbying well with media, government and public for positive image building of co-operatives in order that the co-operative values stay relevant with the amendment of the economic patterns.
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Marketing slogans for co-operatives should convey the very fact that produces co-ops what they're and what capitalist in hand firms ne'er is. Page 3
CO-OPERATIVE TRADING • Cooperatives need to trade with success • they're businesses, not charities, after all. • Members, like farmers or freelancers, tenants or taxi drivers, will usually do higher by operating along.
• And sharing the profit may be a thanks to keep it truthful and create it worthy. Page 4
CO-OPERATIVE SOCIETY FACTORS • Meeting with potential cooperative members and discussing the execs and cons of forming a cooperative could be a valuable step in assessing the practicability of this structure.
• Draft a preliminary business commit to address well the mission statement, financing, practices, ways of conflict resolution, rights and responsibilities of members, competition and potential pitfalls. Page 5
CO-OPERATIVE SOCIETY FACTORS • Develop contingency plans for issues with offer, sales, income or unlooked-for difficulties.
• Discuss the benefits and downsides of the cooperative structure well to envision the heart of the membership.
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CO-OPERATIVE SOCIETY FACTORS • A bunch that focuses on solutions and moves forward through disagreements demonstrates a more robust likelihood of success than one that becomes derailed in disagreements while not creating choices. • Discuss the benefits and downsides of the cooperative structure well to envision the heart of the membership. • Cooperatives exist to serve their members, whether or not they square measure the shoppers, staff or the local people. Page 7
CO-OPERATIVE SOCIETY FACTORS • What’s additional, these members square measure the house owners, with AN equal say in what the co-operative will.
• So, similarly as obtaining the merchandise and services they have, members facilitate form the choices their co-operative makes. Page 8
CO-OPERATIVE LEADERS
• Co-op leaders, prospective leaders and managers, members and also the public should be educated and trained to grasp the standards to that co-ops area unit expected to perform, and that they should additionally invest those standards and work volitionally to satisfy them.
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CO-OPERATIVE LEADERS • Professionals inducted to manage the operations of the co-operatives should have the specified} experience and required passion with a desire to embrace the values of co-operatives in shouldering their responsibilities.
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