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Saving in Numbers

A purchasing co-op can help your business save by teaming up to buy in bulk.

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This story appears in the October 2010 issue of Entrepreneur. Subscribe »

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.

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