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Supplier
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 net of suppliers around the world. Others have none because they are their own supplier. Do you have a product that require 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 the supplier go bankrupt or their quality goes down?
Can you find other suppliers to fill the gap?
- Go to next
business issue: Competitors
- Supplier and Wikipedia
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