when businesses come together to form a consortium cooperative it’s usually a win-win situation from the very start simply working together can raise a business’s profile opening up new markets and reaching new customers but what else do they offer members of a cooperative consortium can pull resources this allows them for example to access bigger and more valuable contracts growing the business without all the costs and risks associated with expansion the ability to combine expertise is another advantage that can lead to more innovation and products and services and the greater buying power of consortium offers can mean efficiency improvements and economies of scale when combined these factors can lead to increased revenues and profits reduce costs and increase productivity and you don’t just have to take our word for it there are a number of consortium already in existence that has secured new contracts including business from international customers and created new products without compromising the Independence of the individual businesses.
