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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.
27 Feb 2020
The Institute for Fiscal Studies (IFS) has urged Chancellor Rishi Sunak to use the forthcoming Budget to raise taxes.
26 Feb 2020
Government spending will increase to over £1 trillion a year by 2023/24, the Resolution Foundation has predicted.
25 Feb 2020
Chancellor Rishi Sunak has promised that penalties for IR35 breaches will not be 'heavy handed' during the first year of the implementation of off-payroll rules to the private sector.
Get in touch with Branston Adams to arrange your free consultation.