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RE: 🔰Corporation vs Cooperative: Which is a Better Business Model?🔰

in #business7 years ago (edited)

Nice article @vj1309....Some how it sound like same thing, however a cooperative is owned by a group of people voluntarily for their mutual benefit.

Where as a corporation has limited liability for risk bearing where the shareholders only lose their investment while the employees lose their jobs.

So we need to rectify the proper business model to hit the six in the business.

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Yes, completely agree to your point. I also believe it is very important to set your priorities straight before opting for a particular business model. As I mentioned in the post cooperative business model won't suit those people who just want to earn a lot of money.

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