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3 Rules On Finding Worthy Business Suppliers

  • September 29, 2021

If you're reading this, I'm earning money in some way. I was compensated with money and/or product. Thanks for helping to feed my family. I also may have a financial interest in companies named. Please see our disclosure for more information. Also, any advice provided is for informational purposes only. I'm not an accountant, lawyer, doctor, fitness expert, or nutrition specialist. So, talk to a professional before acting on anything you read, watch, or listen to below. Get your own advice and do your own research. Email me at [email protected] with questions.

 

No matter whether you run a coffee shop or you are in charge of a consultancy firm, it is likely that you will work with third parties in some capacity. No matter whether you are looking for someone to supply your company with pens and paper or you need a company that can provide you with shipping services, you need to choose who you align with carefully. After all, the effectiveness of this company is going to have a massive impact on the overall success of your business. With that being said, continue reading to find out the different factors you need to consider when you are looking for a business supplier. 

Put together a checklist

The first thing you need to do is put together a checklist of all of the things you are looking for from a supplier. Understand what sort of products you will require, for example, for POS systems, read up on the likes of EMV vs NFC card readers for more information. There are some things that will be specific to your business and the niche service you are looking for. There are also going to be a number of general factors you should be interested in regardless of the company you need. This includes strong service, clear communication, value for money, flexibility, speed, reliability, and quality. 

Make sure you find out about the exact process they follow

Yes, they are going to provide you with a certain product or service, but how does it work? What is the procedure? How do they get to the end result? How do they deal with clients? You really need to know what you are signing up for and what is entailed. Let’s say you are looking for a company to provide you with uniforms. You will want to know how the orders are received, how printing is carried out, and so on and so forth, so you can truly grasp the entire procedure before you make a final decision. 

Take the time to read reviews that have been left by previous clients

Another vital step that you need to follow is to take the time to read reviews that have been left by previous clients. This will help you because you will get an honest depiction of the service provided, rather than a sales pitch that only highlights the good parts. Reading feedback can alert you to any red flags so that you focus your efforts elsewhere. When reading reviews, it is better to consider them as a whole, rather than allowing one review to cloud your judgment. Moreover, make sure you read comments on independent review websites, rather than directly on the company’s website.  

As you can see, there are a number of different factors you need to take into consideration when you are looking for a supplier for your business. If you follow the steps that have been presented above, you should have no trouble finding the right company to align with. Doing your research will pay off in the end. After all, the last thing you want is to choose a company that is unreliable and provides a poor quality service. Hopefully, this should not happen if you use the advice that has been presented above.

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