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Slide 20 of 26 |
Owners of small businesses involved in fast food franchises, industrial supplies, construction materials, educational services, and home furnishings are saving and retaining jobs through the formation of purchasing cooperatives. Let me give you an example. NCBA helped organize AMAROK two years ago as a purchasing cooperative for building supply retailers. Today, the cooperative has empowered 74 small business members operating in 35 states, with over $500 million in annual sales. The cooperative has pioneered national purchasing contracts, and electronic based commerce.
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