what is a business co-op?

Question

I don,t understand what a business cooperative is and how I am to make money from this.

Answer 1

I would ask this question under the business section or ask a stock broker, cause I don't know.

Answer 2

A Co-op business enterprise is one the place lots of human beings party and purchase in bulk to save funds. Say a product retails at $a hundred, yet you need to purchase 50 of them from the producer for $80 each. this is $4000 instead of $5000, so which you're saving funds for each guy or woman. you are able to fee club, or no longer; you will have seen attempting (if it gets you greater funds, do it. If it deters shoppers, do no longer). yet or you're able to make the main of your man or woman co-op is increasing the fee and taking some income on instruments offered (charging $ninety according to unit once you purchased it for $80 according to unit). the two way, you are going to would desire to have a solid quantity of shoppers; newspaper advertisements, fliers, or any opposite direction you will get your little jig frequently occurring is a solid place to start. many times a co-op will focus on a definite product (meat co-ops, electronics co-ops, etc.); this relies upon on what you think of you're able to make the main funds on, or what would desire to be the main worthwhile.