TAMPA, Fla., June 25, 2014 /PRNewswire-iReach/ -- "Entrepreneurial optimism fuels business owners. When finances flounder that same optimism can be used to find solid professional help," says CEO Jonathan Field, of Emerge180, a national firm offering expert help for creditor negotiation and tax resolution services. Knowing when and where to seek help marks wise leadership.
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The same drive and vision that energizes company leaders enables them to acknowledge that increasing financial challenges indicate the need for outside help. The company's survival may require revisiting procedures and commitments that worked in the past, but require revision to pull out of debt. Visionaries grasp the need to apply the same foresight and hindsight to fix problems as they did to start their businesses. An experienced professional partner can resolve trouble. Reworking buying and selling terms using a proven negotiator provides one way to address debt issues.
Is poor buying and selling sinking your boat?
The economy has dipped and risen like waves in a storm. One area to examine in navigating the turbulence of financial change is a fresh assessment of the company's buying and selling policies. What worked even five years ago may be ineffective in today's market.
- Do old buying patterns need to be renegotiated?
- Can long time suppliers give you better deal in cost or terms of payment?
- When did you last seek new suppliers?
Consider seeking open bidding. With a good credit rating your company can consider new suppliers who may offer better terms or costs to gain your business. As a result lower costs or more desirable terms of payment for materials or services can enhance your profitability.
Who Makes Purchasing Decisions?
Evaluate the scope of power invested in the purchasing position. Over time a relationship between the purchaser and the supplier may have elements that offer benefits to the individual that makes and signs your agreements, swaying commitments to suppliers. Has an unhealthy cycle of perks crept into negotiations? Shifting responsibility or dividing it may bring impartial assessments to contracts. Fresh eyes on cumbersome agreements may help.
What's The Competition Doing?
Determine how your competitors beat your price. Research may reveal a way to regain trade lost to others. First, analyze how they moved ahead in your industry. Was it bottom line costs? Was it exceptional service? Consider making significant changes. With information, you can strategize ethical ways to match or beat their price for goods or service.
About Emerge 180
Emerge180, a national firm based in Tampa, Florida, has been helping businesses avoid financial disaster since 1993. As experts in creditor negotiations and tax resolution services, Emerge180 helps businesses work through financial crises, and creates plans that re-position their clients for success. An A+ Accredited Business with the BBB, Emerge180 has facilitated the financial turnaround of thousands of companies…and, in so doing, the preservation of tens of thousands of jobs.
Media Contact: Media Relations, Emerge180, 1-800-805-1138, [email protected]
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SOURCE Emerge180
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