Home > Operations > Purchasing > Small Business Buyers' Groups


LaRita Heet

Guide to Small Business Buyers' Groups

How small businesses can pool purchases for volume discounts


Uncommonly
Useful
8.1
out of 10

Add Your Comments
 
 
Email Guide to Small Business Buyers' Groups to a friend
Save the Guide to Small Business Buyers' Groups to My Work.com Favorites
Print the Guide to Small Business Buyers' Groups
link to this page
Save to del.icio.us
digg it!


Big businesses, it seems, get volume discounts on just about everything, and until recently, small businesses couldn't compete. But today, small business buyers' groups allow the "little guys" to pool their purchases to earn volume discounts they couldn't get on their own.

The top three top tips to small business buyers' groups are:

  1. Find local and national small business alliances.
  2. Join co-operatives (co-ops).
  3. Become a member of industry-specific associations.

Action Steps
The best contacts and resources to help you get it done

Explore small business alliances


Local alliances are a great way for members to support each other with advice, cross-marketing promotions and through the formation of joint purchasing groups.

I recommend: Not sure where to find a local small biz alliance? Start with the American Independent Business Alliance (AMIBA) to search for an Independent Business Alliance (IBA) in your area.

Form a purchasing alliance


Form an alliance with local small businesses that have similar purchasing needs. A bigger order might allow you more selection or the interest of other vendors, as well. Consider doing the same thing with service providers – sharing secretarial, maintenance, advertising and other services.

I recommend: Start your own with the step-by-step Start an IBA plan.

Join a national cooperative


Check out marketing and buying cooperatives. Do any appeal to your business needs? Some require a low membership sign-up fee, and have other restrictions, so read the fine print before you commit to anything.

I recommend: Visit the National Cooperative Business Association (NCBA) for information. Go to Resource Links for childcare, university, purchasing and additional co-ops. Check out National Cooperative Bank Co-op 100 for a list of America's top 100 cooperatives.

Join a local food co-op


Buying through co-ops can mean lower prices, higher-quality product, fresher produce, meats, and dairy items. The bonus? You're supporting local farmers.

I recommend: Check out Local Harvest for local co-ops offering more than just food – many sell Christmas trees, furniture, organics and handmade artisan products.

Turn to associations that offer member discounts


Many local and national organizations offer member discounts – comparable with corporate discounts – on such high-ticket items as health insurance, rental cars, and educational opportunities.

I recommend: Go to AMIBA and scroll down to "Trade Associations Doing Notable Work" for a long list of association links. Membership in NFIB or NASE can net your business discounts on a variety of products and services.

Tips & Tactics
Helpful advice for making the most of this Guide

  • Contract: It doesn't have to be formal, but put your agreements with other businesses (and vendors) in writing to cover everyone.
  • Emphasize Local Buying: Local alliance members should post signage and encourage consumers to buy locally.
  • Speaking of Local: Check out your local Chamber of Commerce, which offers many free business resources and tools.
  • Help in Unexpected Places: Not all of the "big guys" are enemies – in fact, some, such as American Express, IBM, and Airborne Express, offer special savings to small businesses.

The official source of Small Business Buyers' Groups is
the Small Business Consulting page at Business.com

Featured Vendors

Timberline Procurement Software
Easily Manage All Aspects of Material Management With Procurement Software by Sage. Take Control Of Your Business Today!
www.SageTimberline.com

Business Purchasing Software
User friendly Purchasing Software. A simple solution for a complex process. Download our full function Free Trial today.
www.tfg4000.com

Procurement Services
Find the right mix of components for your project at the right price. Trust IntegraCore to acquire, assemble and distribute any kit.
www.integracore.com

IT Solutions for Purchasing
Business technology search site offering software, service, reseller and hardware information on thousands of IT solutions.
www.knowledgestorm.com

Subscribe to

Try our free weekly WhatWorks newsletter, with business how-to advice
& resources from Work.com.

click here to view a sample issue
 Related Resources from Business.com Back to top 
 Recommended Solution Providers Back to top 

By bringing small businesses together, this company provides a way to purchase raw materials, components, supplies and services at reduced rates. A supplier roster and online savings calculator are provided.

Cooperative group, specifically for small businesses, which offers reduced rates on various business supplies and services .


 Best Sites to Learn MoreBack to top 

Supporting association provides a basic definition, examples of services and operations, elements of success, and further resources for understanding and getting involved in business buyers' groups.


  CommentsBack to top 

Loading Comments...


Add Your Comments


Email Guide to Small Business Buyers' Groups to a friend
Save the Guide to Small Business Buyers' Groups to My Work.com Favorites
Print the Guide to Small Business Buyers' Groups
link to this page
Save to del.icio.us
digg it!


Is any content on this page inappropriate? To let us know, please click here.

Ads by Google







© 2008 Work.com, Inc. All Rights Reserved. Work.com is a property of Business.com.
Help | About Us | Site Map | Terms of Use | Privacy Policy | Community Policy | Community Blog | Advertise on Work.com | Contact Us / Feedback | Work.com Feed