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The Benefits of Cooperative Purchasing

In this week’s blog post, FSG Marketing outlined the benefits of participating in cooperative purchasing. Ongoing maintenance of a facility can be overwhelming for those whose primary responsibilities go beyond just the facility’s maintenance. Co-ops are put in place to take the worry off the hands of the co-op member.

Co-Op culture is guided by seven principles, according to the National Cooperative Business Association. Among these seven principles are voluntary and open membership, democratic member control, economic participation of the member, autonomy and independence, continuous education and training, cooperation among cooperatives, and concern for community. 

The requirements to join a Co-Op and laws regulating them vary depending on the state. Make sure you’re up to date on your state’s regulations.

To read “There is (Buying) Power in Cooperative Purchasing” in full, click here.

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