Cooperatives and Business Forms

Agricultural Cooperatives

• Help achieve economies of scale.
• Involve marketing, bargaining, and processing.

Forms of Business Ownership

• Limited Liability Company (LLC):
  • Not a partnership.
  • The owners enjoy tax benefits.
  • Not taxed as a sole proprietorship (Small Business Businesses, 2020).
• Made up of individuals (ms n.d.).

Arts and Crafts Cooperatives

• Help in increasing earning potential and improving working conditions.

Business Cooperatives

• Formed to obtain services at a lower cost.

Child Care and Preschool Cooperatives

• Provide childcare and educational programs for children.