bharatbhasha.com
Free Articles  >>  Business And Finance >>  Page 3654  >> 

Your Suppliers Are Your Partners





Forging strong relationships with your suppliers can be critical to the success of your company. And like any relationship you need to embrace building and strengthening that relationship. You may only see yourself as a customer and them as a vendor but your relationship can be much more than that. You may say that there are other suppliers out there and that may well be true but will having to start all over give you more value or less. And if you do a lot of business with other small companies will a big company appreciate you as much as that fellow small business does. Your relationships are not something that should be overlooked.

Relationship building in business never ends but it starts on that first day when your dream is born. When you take your concept and begin to turn it into reality. And no matter what type of business you are in you will need suppliers of one sort or another. Whether it is for your phone service, landlord, banker, or a soft drink supplier. Everyone you buy something from whether it is a product or service is a form of supplier. Now obviously some suppliers will only require limited contact, and going to your local office supply store and buying something won't provide opportunities to build a meaningful relationship but plenty of opportunities will present themselves.

Many of those opportunities will come through phone calls with sales representatives. This can turn into sit down meetings with them. Many times they'll come to the office for a visit. One of my standard practices has always been to get to know the sales reps that come to visit. And whether you need something from them or not ask them to drop buy. The better they know you the more they will appreciate your business with them. Especially if they've worked for the same company for many years. I've always made it a point to show them around our facility. So that they could get a feel for what we do and where we're going. I've always made sure to tell them how much I appreciate working with them and that I'm glad they're along for the ride. Using the saying my success is your success may sound kind of cliché but it has always been the point I was trying to make. My suppliers are my partners and with they're help I can succeed. And my business can thrive.

You do need to remember that you're still their customer and they will look out for their own best interests first just as you would yours. So when you are on the lookout for new suppliers especially in the first months of your company's existence you need to be diligent when searching for vendors. Especially if they're going to be critical to your existence by supplying something you have to have that few companies offer.

So you need to realize that just as your relationship with your customers is important so to is the relationship with your suppliers. Because when you need something in a hurry, or you need to stretch a payment out a little, or you have a large job that won't pay for awhile and you need special terms they'll be more willing to listen to you if they know you by more than a customer number. In business all your relationships are important.


About Author Cash Miller :

Cash Miller is an experienced entrepreneur and speaker who has spent over a decade as a small business owner. His years of experience in small business cover such topics as planning, management, marketing, human resources, ecommerce, and taxation. If you are looking for more information on this subject and others related to starting and running a small business you can visit his website at <a href="http://www.SmallBusinessDelivered.com" target="_blank">http://www.SmallBusinessDelivered.com</a>


Article Source: https://www.bharatbhasha.com
Article Url: https://www.bharatbhasha.com/finance-and-business.php/81383


Article Added on Friday, June 20, 2008
LD
Other Articles by Cash Miller

4 Ways To Stretch Your Buying Power
In some ways the ability to stretch your buying power in time of need is an art. Making sure your suppliers are willing to send you the things you need even when you are a little behind while still getting the best price is important. And even if you are not behind it is always best to hang onto your money for as long as possible. So here are 4 things you can do to keep your money in your pocket just a little longer. 1. Don't pay a bill until absolutely necessary. Unless a vendor is willing...

4 Different Ways You Can build Your Business Credit
First off it needs to be said that there are certainly other ways to go about establishing credit for your business. These four methods are just a tried and true means of doing so rather quickly. Of course most of the credit limits will be low but over time as your business grows these limits can be raised. All you need to do is develop a good clean history with the credit provider. So let's talk about four of the easiest methods available to build up your company's credit. Credit cards are...

Need A Little Breathing Room Ask Your Suppliers For A Credit Line
Need A Little Breathing Room? Ask Your Suppliers For A Credit Line Most businesses in today's marketplace are in the unenviable position of having to provide credit to their customers. This is especially true if you own a small business that sells to large businesses. Your customers due to their size and buying ability can put the squeeze on you just about anytime they want. So you end up extending them credit. Maybe you give them thirty days to pay you. But I bet they take sixty days or longer...

Do You Know What A Limited Liability Company Is
? An LLC is a legal form of business that has characteristics of both corporations and a partnership. This form of business offers limited liability protection to its owners. In other words the owners of the business cannot be held fully responsible for any debts that the business occurs or actions taken on its behalf. This type of business form is best suited for small businesses with that have a small number of owners and preferably just one. So what are some of the basic characteristics of...

From Small Business To Big Business Sears Roebuck and Co
Often a person is led onto the path of a becoming a successful businessman by a series of fortunate events that transpire. It could be said that Richard Warren Sears stumbled upon just such a path. But once he was on that path he did everything he could to not fall off. In the end he left not just a company but a legacy. So how exactly did it all begin? Amazingly enough it started with a failed scam. You see apparently in 1886 there had developed a fairly common scam of wholesalers shipping...

Publishers / Webmasters
Article ID: 81383
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:


108 Users Online !
Related Articles:
Latest Articles:
 
Business And Finance >> Top 50 Articles on Business And Finance
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts
Aging


Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of bharatbhasha.com and/or its owners.


Copyright AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Business eMail Address Provided By AwareIndia







Company IDS