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At Thickbroom we can provide start-up businesses in the Waltham Cross area with help and advice. Here are some basic considerations regarding suppliers and purchasing.
When it comes to building a market and servicing it, you and your suppliers are on the same side, so you should consider trying to build a relationship with them that reflects that.
Sit down with them as 'partners' and try to work out an arrangement that benefits both parties.
Try to identify:
In a period of economic difficulty or uncertainty, remember that suppliers might raise their prices, so try to negotiate a long-term discount with them.
You could also consider putting all major costs out to tender on a regular basis.
If you are starting a business in the Waltham Cross area and would like help and advice, contact Thickbroom.
We'll send you essential business news and handy tax tips to help save you money.
Established for over 50 years, we are an experienced firm of Chartered Accountants.
We have a range of accountancy and support services to help you to manage your business.