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How Co-ops Help Businesses Compete in a Globalized Economy

In our competitive, fast-paced, globalized world, being a small business owner isn’t getting any easier. Increasingly, small business owners have to compete with multinational corporations with deep pockets while navigating increasingly complex and unreliable supply chains. Plus, suppliers aren’t always willing to accommodate requests from small shops, which can drive up your input costs.  

But just because you’re an independent business, doesn’t mean you need to go it alone. Across Canada there are thousands of entrepreneurs working together to help their businesses survive and to carve out space for locally owned businesses. By forming co-operatives, entrepreneurs have reduced their input costs, added value to their products, and positioned themselves to remain competitive.  

So, whether you’re an artisan in Edmonton or a farmer in southeast Saskatchewan, have you considered starting a co-op to help your business thrive? Here’s why you should:  

Read the rest at Co-operatives First

 

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