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  • 09-08-2017
  • Business
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How does a cooperative obtain the funds necessary to cover ongoing operating expenses and mortgage payments?

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Erudite1
Erudite1 Erudite1
  • 20-08-2017
Cooperative organisations obtain money for funding their ongoing operating expenses and mortgage payment by collecting regular assessments from their shareholders. Cooperative organisations usually avoid external sources of financing as much as possible; they normally tax members to get the necessary funds.
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