Characteristics of co operative business

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About This Presentation

.......Characteristics of co operative business


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GREEN UNIVERSITY OF BANGLADESH Presented By : Shahrukh Abedin Shiplu - 173006006 Shajahan Tipu -173006011 Istiaq Khan -173006012

Partnership Business A partnership business is formed by two or more people and there is a mutual agreement among the partners which is called deed of the partner.

Facilities of Partnership Business Easy formation Combined managerial skills Sharing of risk Tax Advantages

Better Public Relation Sufficient Capital Facilities of loan Facilities of division of labor Continued….

Freedom from government regulations and restrictions Continued….

173006011 Shajahan Tipu

Characteristics of Co-operative Business

What Is Cooperative Business ?

Open membership Voluntary membership Liability of members Sources of Finance Democratic Management Characteristics of Co-operative Business

Service motive Registration and legal status Distribution of Surplus Education and training Limited interest on capital

173006012

Types of co-operative business Definition: co-operative is a member owned business with at least five members and have equal voting rights in the business. TOPIC

1.Retail co operative : retail co- operative are type of consumer co-operative. 2.Worker co operative : worker co-operatives are both employee and member of the business

3.Producer co-operative : Producer co-operative are created by producers and owned & operated by producers. 4.Housing co-operative : Housing co operative are type of business which provide a unique form of home ownership

5.Service co-operative: service co-operative allow consumers the opportunity to supply their own needs share earnings.