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Unlike sole proprietors and partners the personal properties of members of the co-operative societies are free from any kind of risk because of business liabilities.Ø Elimination of Middlemen’s Profit: Through co-operatives the members or consumers control their own supplies and thus, middlemen’s profit is eliminated. it is a great idea to obtain some fresh fruit in your daily diet, make sure that you get the fresh fruit from having true fruit and never from ingesting fruit drinks.Most fresh fruit juices contain a lot of included sweets therefore it is not as healthy as ingesting fresh fruit.Ø Democratic Control: A co-operative society is controlled in a democratic manner.The members cast their vote to elect their representatives to form a committee that looks after the day-to-day administration.
An excessive amount of sea salt within the diet program has negative effects, but not enough sea salt can even be a challenge.
Limitations of Co–operative Society Besides the above advantages, the co-operative form of business organisation also suffers from various limitations. Ø Limited Capital: The amount of capital that a cooperative society can raise from its member is very limited because the membership is generally confined to a particular section of the society.
Again due to low rate of return the members do not invest more capital.
Government’s assistance is often inadequate for most of the co-operative societies.
Ø Problems in Management: Generally it is seen that co-operative societies do not function efficiently due to lack of managerial talent.