Meaning of Co-operative Society
The best business method, the ecosystem builds on the commonality of the basis, by legal status
Many sufferers are united, who was given a legal formation called Co-operative Society
If all the common objects are being looted, then all those people can face a booth hoover. They say that the CO-Operative Society has been given a legal status, in which 10 or more than 10 people can join. And with this co-operator, you can increase your business.
Types of co-operative society :-
1] Producer co-operative –
who wants to sell product in wholesale, but he does not have money, he does not have power. wholesale is not a machine to believe, so all those people who get such a problem, they become a juvenile, and the bank takes a Jake loan and works, and sells everything in the wholesale, who speaks, producer co-operative .
2] agriculture co-operative society
3] Housing co-operative society
4] credit co-operative society
5] consumer co-operative society
These organizations are possessed and administered by buyers of the specific region for their common advantage. Their view is to give day by day important items at an ideal cost. As opposed to procuring a monetary benefit, their point is towards giving support of the shoppers.
Various types of Co-Operative Societies in India with example
In this video, Dr Vivek Bindra talks about Co-Operative society and how it helps you grow your business without investing the fortune.
He Also Explains through 5 stories, what are the various types of Co-Operative Societies in India.
Note :- You can follow Co-operative society act before start.