Scenario:Mark and Emiko are both dairy farmers. They would like to work with other dairy farmers in their area to buy feed, fuel, and other supplies at reduced prices. They also think that they can get a better price for their milk if they market their products under the same brand.
Why is a cooperative a good choice for Mark, Emiko, and the other farmers in their area?
The farmer with the largest farm will make the decisions for the group.
No one will have to pay taxes on their earnings.
The farmers can all be member-owners and share in any profits.
The cooperative does not have to be registered with the state.