You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Call 0333 155 0022 or email email@example.com
At Connected Accounting we can provide start-up businesses 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 and would like help and advice, contact Connected Accounting.
13 Sep 2019
The UK's tax system should be overhauled to bring rates on wealth and assets into line with those on income, according to a report from the Institute for Public Policy Research (IPPR).
27 Aug 2019
Analysing HMRC's controversial Loan Charge and its impacts.