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    Ø Stable Life: A co-operative society has a fairly stable life and it continues to exist for a long period of time.

    Its existence is not affected by the death, insolvency, lunacy or resignation of any of its members.

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    Unlike sole proprietors and partners the personal properties of members of the co-operative societies are free from any kind of risk because of business liabilities.

    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 Co-operation: The co-operative societies are formed with the idea of mutual co-operation.

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    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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