Top Advantages of Cooperatives

TOP ADVANTAGES Cooperatives A cooperative , is a business owned and operated by its members - individuals , businesses , or organizations with equal say in decision - making . Here is a glimpse into how cooperatives can be advantageous for businesses : 1. SHARED RESOURCES AND PURCHASING POWER One of the most significant advantages of cooperatives is shared resources and purchasing power . By pooling resources , businesses partnered with cooperatives can achieve economies of scale unavailable to them when operating individually . This leads to lower costs for partners , which can help businesses be more competitive in the industry . 3. VAT EXEMPTION Businesses utilizing a cooperative can enjoy the benefit of considerable cost savings . Kabraso Multipurpose Cooperative specifically does not charge the 12 % VAT and 2 % creditable withholding tax as certified by the Bureau of Internal Revenue . KMC KABRASO 2. SUSTAINABILITY AND SOCIAL RESPONSIBILITY Cooperatives hold social responsibility in higher regard than traditional business models . Since members who form part of the group practice democratic governance , they are more likely to make decisions that align with their values and beliefs . MULTI - PURPOSE COOPERATIVE If you're looking for a cooperative that checks out your objectives , Kabraso Multipurpose Cooperative might be a good option for you . $ 4. LESSER ADMINISTRATIVE BURDEN Cooperatives cover the manpower and labor relations . aspect of the partnership , from finding talent to retaining said workers . This in turn enables companies to focus on the core of their competencies since they have lesser administrative burdens . https://kabrasocoop.com/ ( +632 ) 8528-1011 TAX [email protected] Bachrach Building II 23rd St. corner Antonio C. Delgado St. Port Area Manila , 1018 Philippines