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Advantages and Disadvantages of Co-operative Society Advantages of Co-operative Society A Co-operative form of business organisation has the following advantages: Ø Easy Formation: Formation of a co-operative society is very easy compared to a joint stock company.Any ten adults can voluntarily form an association and get it registered with the Registrar of Co-operative Societies.Ø Lack of Co-operation: The co-operative societies are formed with the idea of mutual co-operation.But it is often seen that there is a lot of friction between the members because of personality differences, ego clash, etc.

Ø Elimination of Middlemen’s Profit: Through co-operatives the members or consumers control their own supplies and thus, middlemen’s profit is eliminated.Ø Lack of Motivation: Every co-operative society is formed to render service to its members rather than to earn profit.This does not provide enough motivation to the members to put in their best effort and manage the society efficiently.The selfish attitude of members may sometimes bring an end to the society.Ø Dependence on Government: The inadequacy of capital and various other limitations make cooperative societies dependant on the government for support and patronage in terms of grants, loans subsidies, etc.

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