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Cost Cutting for Small Business – Payment Terms by Stefan Töpfer on Aug 24, 2007 There are two ways to get better payment terms from your suppliers – make sure you know what the pricing is and negotiate the payment terms last, without warning. Digg Furl Netscape Yahoo!
Cost Cutting for Small Business – Payment Terms by Stefan Töpfer on Aug 24, 2007 There are two ways to get better payment terms from your suppliers – make sure you know what the pricing is and negotiate the payment terms last, without warning. Digg Furl Netscape Yahoo!
Frank Said on March 21st, 2010 at 9:58 pm Another tip is to align your advertising activity with your public relations activity and if you can, negotiate a review of your product or editorial alongside your advertise campaign. thanks for your advice. Digg Furl Netscape Yahoo!
Don’t shun new service providers, check their CV, remember you may get a good deal and it is good to be one of the first customers. Negotiate a back-up deal if you can, so if your primary provider falls ill, you have a back-up, or divide the work between two or more service providers to begin with. Get a back-up.
Get better payment terms by negotiation. It’s obviously fine to try and negotiate payment terms, but I think that deliberately paying your bills late is just bad business. They’d do exactly the same to you if they could – so no false sentiments here. Just make sure you have the money when it is time to finally pay.
But remember you are working with small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants , you need to keep the price low for them. Digg Furl Netscape Yahoo!
In this economy, every price is negotiable. do cost cutting do credit control do customerservice export find funding grow your business handle problems keep data safe lower overheads manage your time market and sell motivate your staff not to do it! There are deals to be had–sometimes you just have to ask.
Evaluate factors like age, gender, location, income level and lifestyle. Conduct a competitive analysis : Study both direct and indirect competitors , focusing on their pricing, customerservice, branding and distribution channels.
What happens is this: Thanks to the chaotic environment and harried lifestyles society has made the norm, we cannot figure out how to strike the right balance to achieve everything we want to achieve. Most people think of negotiation as an “us-versus-them” situation.
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