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At Branston Adams we can provide start-up businesses in the Surrey 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 Surrey area and would like help and advice, contact Branston Adams.
23 Aug 2019
Following a review, HMRC has said it will continue its risk-based approach to Pay as You Earn (PAYE) Real Time Information (RTI) late filing and late payment penalties this tax year.
22 Aug 2019
HMRC has written to 145,000 VAT-registered businesses that only trade with the EU, advising them to plan ahead for a potential no-deal Brexit.
21 Aug 2019
Manufacturing output in the UK stabilised in the three months to August, according to data published by the Confederation of British Industry (CBI).
Get in touch with Branston Adams to arrange your free consultation.