Choosing a supplier for your business involves more than competitive prices. Consider these key factors to find the right vendors.
Choosing a Small Business Supplier: Why Price Isn’t the Only Factor
James Woodruff
James Woodruff has been a management consultant to more than 1,000 small businesses over the past 30 years. This background has given him a foundation of real-life experiences for his freelance writings on business topics. James has written extensively for Bizfluent, SmallBusiness.Chron.com, and Work.Chron.com.
He previously had his own firm that specialized in financing exports from the United States to clients in Central and South America. James received a Bachelor of Mechanical Engineering from the Georgia Institute of Technology and an MBA in finance from the Columbia University Graduate School of Business.
9 Winter Energy Saving Tips for Small Business Owners
Freeze out your utility bill, not your small business employees. These winter energy saving tips will cut costs and weatherproof your company this season.
How to Choose a Manufacturer for Your Small Business
Foreign suppliers can be more affordable than domestic ones. Learn how to choose a manufacturer that will help your small business stay price competitive.
How to Create an Insurance Company Business Plan
An insurance company business plan outlines how an independent agent can compete in the industry. Here’s how to update yours when you need to fuel growth.
What’s the Difference Between Revenue and Profit?
Knowing the difference between revenue and profit will help you better manage your business and spot room for growth.
Should You Hire a Small Business Consultant
Seeking small business advice from a consultant can be a worthwhile investment. If you’re thinking about hiring one, here are five factors to consider.
What Is a Break-Even Analysis?
What is a break-even analysis? This formula will help you determine how many sales you need to make a profit. Here’s how.
Bottom Line vs. Top Line: What’s the Difference for Small Business Owners?
The top line and bottom line in business are important figures on a company’s income statement. Find out which one’s more important for long-term growth.
5 Steps to Setting Prices for Your Products
Learning how to price your product involves a combination of math, instinct and a solid pricing strategy. Learn more about which strategy works for you.
