Saving in Numbers A purchasing co-op can help your business save by teaming up to buy in bulk.
By Gwen Moran •
Opinions expressed by Entrepreneur contributors are their own.
Small-business owners may now be able to do what their larger competitors can do: save money by buying in bulk.
Regionally based purchasing co-ops are a fledgling trend, says Adam Schwartz, spokesman for the National Cooperative Business Association, a trade organization for co-ops. Organizations like GoLocal of Sonoma County, Calif., and Our Milwaukee can yield savings of 10 percent to 40 percent on purchases, Schwartz says.
Is joining a co-op right for your business? Here are some considerations:
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