Posts Tagged ‘vendors’

Optimism is Internal

Optimism is something we all struggle with from time-to-time, but there are some ways to help. A recent article in CFO Magazine was about the decline in small business optimism. According to the article, small businesses are creating more jobs recently, but their pessimism stems from such things as concern over taxes, government regulations, and sales. All of these are legitimate concerns, but let’s look closer. Read the rest of this entry »

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We All Need Partners

There is something about the individual who goes it alone that we tend to admire. Yet, the reality is doing it all yourself and being successful is the exception rather than the rule. Generally, out of necessity and desire, we develop strategic partnerships that help us and our partners. By that I don’t necessarily mean partners in our company. We can view our relationships with our vendors (See Managing a Vendor for more on this) and our customers (See Managing Customer Relationships for more) as strategic partnerships where each is meeting some need or desire of the other. The bottom line is Read the rest of this entry »

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Are You Delivering Value?

Value is something we hear about regularly. Yet, how many of us actually pause long enough or often enough to consider the question “Are You Delivering Value?” Every company and individual would do well to explore the answer to this question. We have to consider Read the rest of this entry »

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Managing a Vendor

Management involves more than just internal company activity. It is important to be deliberate about managing relationships with both customers and vendors.

Terms and Payment

Every vendor, whether of products or services, has terms of doing business. It is in the best interest of a company to comply with these terms as closely as possible. If you know that your payment is going to be late, do not hesitate to tell a vendor. Though they may not like being paid late, they will appreciate the communication, particularly if Read the rest of this entry »

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