How To Manage Your Cooperative
By organizing and registering a
cooperative, you have taken the first steps toward helping prospective
cooperative member make fuller use of their resources.
The next steps requires a certain
knowledge of management, of the provisions of laws affecting cooperatives, and
most importantly, husbanding and channeling the coop’s assets into productive
investments so that they will grow.
Here are some basic facts you have to
know about managing and running cooperatives profitably.
Does A Cooperative Follow A Basic Organizational Structure?
Yes. Your cooperative will need at
least the following for its day to day operation.
- General Assembly
- Board of Directors
- Set of Officers
- Committee System
- Hired management/ paid employees
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