BUSINESS ANALYSIS
When looking at your new business you have to weigh up the advantages and the disadvantages of your potential supplier.
Some businesses have a extensive network of suppliers around the world. Others have none because they are their own supplier. Do you have a product that requires goods delivered by specific suppliers? You should state this in the business plan.
Supplier means life or death
The supplier could have a big influence on the performance of your company. What happens if they go bankrupt or their quality goes down?
Can you find other suppliers to fill the gap?
Some businesses have a extensive network of suppliers around the world. Others have none because they are their own supplier. Do you have a product that requires goods delivered by specific suppliers? You should state this in the business plan.
Supplier means life or death
The supplier could have a big influence on the performance of your company. What happens if they go bankrupt or their quality goes down?
Can you find other suppliers to fill the gap?
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