Showing posts with label Cooperative Management. Show all posts
Showing posts with label Cooperative Management. Show all posts
Friday, June 22, 2012
How Soon Should The CDA Act On Your Application For Registration?
The CDA 30 days, after failing to act on applications for registration. If there is no action within 30 days, the application is considered approved, unless the application himself causes the delay.
What About Cooperative Unions?
What About Cooperative Unions?
Registered cooperatives and
federations may organize a federation or join cooperatives unions to represent
the interest and welfare of all types of cooperatives at the provincial, city,
regional, and national levels.
How To Register Your Cooperative
How To Register Your Cooperative
Once you have organized your
cooperative, your work does not end there. The cooperative now needs a legal
personality, so that a cooperative is supposed to perform. With a legal,
personality, the cooperative can borrow money, sell its goods, and services,
deliver goods, and enter into all sorts of business transactions. So that your
cooperative can do all these, you must register your cooperative . Here is how
you do it.
How Is The Net Surplus Of A Cooperative Allocated And Distributed?
How Is The Net Surplus Of A
Cooperative Allocated And Distributed?
Generally, the distribution of a
cooperatives surplus is determined by-laws. Surplus is determined at the close
of a coops fiscal year or as prescribe by its by-laws.
What Are The General Privileges Enjoyed By Cooperatives?
What Are The General Privileges
Enjoyed By Cooperatives?
These privileges are:
- The right to deposit their valuable in government offices free of charge with the government official acting as custodian of such valuables.
Tax Exemption Privileges of Cooperatives
Tax Exemption Privileges
·
For instance, a cooperative which does not transact business with non-members or the
general public are exempted from government taxes or fees imposed under the
Internal Revenue Laws and other laws.
What Is The Board Of Directors?
What Is The Board Of Directors?
The Board of Directors is the
body that formulates policies, directs, supervises and manage the business of
the cooperative.
It is composed of five (5) to fifteen
(15) members elected by the general assembly.
What Is The General Assembly?
What Is The General Assembly?
The
General Assembly is the highest policy-making body
of the cooperative and is the final authority in the management and
administration of the affairs of the cooperative.
How To Manage Your Cooperative
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.
What does The Article of Cooperation contain?
What does The Article of Cooperation
contain?
The Article of Cooperation is a duly
notarized document that legally binds all the signatories in the formation of a
cooperative.
What Are Cooperative By-Laws?
What Are Cooperative By-Laws?
By- laws should are the set of rules that determines how a
cooperatives is to be run without confusion. In general, by-laws should be
consistent with the provisions of the Cooperative Code of the Philippines (RA
6938). The by-laws include:
What is an Economic Survey?
What is an Economic Survey?
An economic survey is a
general statement describing the structure, purpose, economic feasibility of
the proposed cooperative, area of operation, size of membership and other
pertinent data. It, in fact a project
feasibility study. The structure describes the kind of cooperative being
set, up whether it is primary, secondary or tertiary and whether it is a credit,
consumer transport or any other type of coop.
General Steps in Forming a Cooperative
What are the General Steps in
Forming a Cooperative?
Basically, there six steps in
setting up a cooperative.
1.
Get organized.
You
must have at least 15 members to do that. At once determine the common problems
you would want solved and the basic needs you would want provided for through a
cooperative. You may want to include increasing of your production, marketing
of your produce, credit assistance, power generation, banking or insurance and
other similar needs.
Organizing a cooperative can both be
complex and simple.
·
It requires, first of all an
understanding of the basic needs of the perspectives cooperative members.
·
It demands patience from the
co-organizer who must take the cooperative goal and objectives.
·
Its visions and long term goals a
real part of the members lives.
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