Synopses & Reviews
Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER III CO-OPERATIVE BUYING IS GOOD; CO-OPERATIVE MERCHANDISING MAY OR MAY NOT BE Co-operative Merchandising Not the Highest Form of Cooperation?Rules That Should Be Observed in Any Case? When Farmers Are Entitled to Manufacturers' Prices? Why They Should Buy for Less Than Town Patrons? Farmers Should Club Together and Place Monthly or Semi- Monthly Bulk Orders?Better Borrow at 6 or 8 Per Cent Than Pay 10 to 70 Per Cent in Form of Time Prices? Co-operative Merchandising a Better Thing to Grow Into Than to Go Into. WHENEVER a group of farmers organize, one of the first questions likely to come up is as to whether it is wise to buy a stock of goods and run a cooperative store. Of course, there is no one answer that can be given to fit all cases. It depends, for one thing, upon whether or not the prospective manager is absolutely known to be a good business man. It depends also upon whether the organization has a large enough membership to insure patronage enough to make the venture a success?in connection with whatever patronage may be safely counted on to come from outside. And then the prospective stockholders or promoters should also consider this important fact?that farmers almost everywhere can get quotations on short notice and do most of the cooperative buying that is necessary by joining together and ordering what they want and paying cash, without running the risks (and they are big risks for inexperienced men) that are involved in purchasing a stock of goods and hiring a manto sell them. Of course, whenever and wherever you hire a man to stay with a stock of goods and sell them, his salary must be added to the selling price. Certainly farmers should not start a new store in an area already abundantly supplied with merchants without first giving t...
Synopsis
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