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Traditional businesses use a relatively straightforward formula for evaluating success. Profit means a job well done while loss spells trouble.
The equation is fuzzier for a cooperative which, by definition, exists to benefit its members. Profit is anything left over after subtracting operating expenses from incoming revenue, but wages and salaries weigh in as operating expenses. The more a coop pays its members, the less it has left over in profit.
Read the full article at The Quirky Gourmet
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