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Cooperatives offer several advantages over partnerships, primarily in terms of member control and shared benefits. In a cooperative, each member typically has an equal vote in decision-making, promoting democratic governance and inclusivity. Additionally, cooperatives can provide limited liability protection to their members, reducing personal financial risk, while also allowing for profit distribution based on usage rather than investment. This structure can foster community engagement and support sustainable practices, enhancing member loyalty and long-term viability.

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4d ago

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