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Tel: 01553 764711 - Fax: 01553 767152 - Email: info@hayhow.com
Building relationships with suppliers.
At Hayhow we can provide start-up businesses in the King's Lynn 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 King's Lynn area and would like help and advice, contact Hayhow.
03 Sep 2025
Companies could be prosecuted and face unlimited fines if they fail to prevent fraud that their firm profits from under a new corporate offence.
02 Sep 2025
Confidence amongst business leaders rose to -61 in August from -72 in July, the Institute of Directors (IoD) has found.