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Logout Cancel. Sign Up. And price certainly is important when you are selecting suppliers to accompany you as you grow your business. Here are some of the options and negotiating strategies for turning mediocre suppliers into top-shelf ones.
Opinions expressed by Entrepreneur contributors are their own. Because the amount of startup capital necessary will be highly dependent on what you choose to sell, the numbers vary. See Latest Podcasts. Click on the Add to next to any video to save to your queue.
Click on the Add to next to any video to save to your queue. First Name. Others are known as merchant wholesale distributors; they buy products from the manufacturer, or another source, then move them from their warehouses to companies that either want to resell the products to end users or use them in their own operations.
You'll want suppliers who can offer the latest, most advanced products and services. Making a Change Having fewer vendors is usually better than having many vendors.
Login with Facebook Login with Google. Find out how long a shipment will take to arrive at your loading dock. Getting rid of troublesome vendors can quickly increase the efficiency of your purchasing and administrative staffs.
The startup entrepreneur must be able to understand customer needs and learn how to serve them well. Next Article -- shares Add to Queue. See Latest Podcasts.
Million Dollar Habits Buy From. What Makes a Good Supplier? Click the Follow button on any author page to keep up with the latest content from your favorite authors. And they should have a realistic attitude toward you, their customer, so that they're willing and eager to work with you to grow both your businesses.WHOLESALE CLOTHING VENDORS- FUN FACTS ABOUT STARTING YOUR OWN BOUTIQUE!
The last option is perhaps the most risky, as all business opportunities must be thoroughly explored before any money or precious time is invested. Login with Facebook Login with Google. There are no Articles in your queue.
This can provide you with a backup as well as a high profile.