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Building relationships with suppliers.
At Aequitas we can provide start-up businesses in the Pinner 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 Pinner area and would like help and advice, contact Aequitas.
28 Feb 2024
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27 Feb 2024
The so-called 'Tourist Tax' is unlikely to be reversed in the Spring Budget, Nigel Huddleston, Financial Secretary to the Treasury, has warned.
26 Feb 2024
The government recently named and shamed more than 500 UK employers for underpaying their employees.
23 Feb 2024
HMRC recently published guidance on the Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) requirements for sole traders and landlords.
22 Feb 2024
Research carried out by the London School of Economics has revealed that less than 3% of adults in the UK paid capital gains tax (CGT) over the last decade to 2020.
21 Feb 2024
The number of civil investigations into alleged tax fraud has fallen by more than a half, data has shown.
20 Feb 2024
The British Chambers of Commerce (BCC) has urged Chancellor Jeremy Hunt to use the Spring Budget to outline a 'sustainable growth plan'.
19 Feb 2024
The Association of Accounting Technicians (AAT) has outlined its wishlist for the upcoming Spring Budget on 6 March.
If you feel our services and expertise could support your business or for individuals, please call us today to book a FREE consultation.
Aequitas Accountants Ltd,
Elthorne Gate, 64 High Street, Pinner, Middlesex HA5 5QA
Please get in touch...