SMBs Must Start Negotiating Business Contracts

Small businesses are missing out on cost savings by shying away from haggling with suppliers. According to a survey by T-mobile, some 31% of owner-managers say they do not see themselves as strong negotiators, while 13% believe bargaining with suppliers doesn’t make a difference. A further 10% will discuss prices only when faced with cash flow problems. However, in order to stay competitive and grow, undergoing price reviews with suppliers can be crucial to small businesses. To read more, please visit smallbusiness.co.uk

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