The ability of the small businesses to react more quickly than their bigger brothers is their key to real success!
Grasping opportunities, seizing the moment, adapting quickly to new better ways of doing things are all features of the small business going places.
The fact is, most people are inspired but don't actually get around to realising their dreams. They miss benefitting simply by failing to commit to new opportunities.
Procastinating over procurements, actually costs businesses a fortune. For example, a faster machine or system may save 5 hours per week, meanwhile the business
is losing that 5 hours every week until someone buys it!
Calculate your purchase cost :-
Once all the basic information of a product or service has been assessed, quickly calculate:-
(a) The weekly / annual cost of not buying it? E.g Cost of x hrs per wk £ x 52 week = £ per year.
(b) What is the annual purchase cost of the product / service £
Will it cost you more by not purchasing? Will it pay for itself? Yes / No (a-b = annual saving )
Is the price reasonably competitive / affordable? Yes / No
If you have answered Yes to the above don't delay - commit and start realising the business benefits straight away!