Month: January 2023

Latest News

Are You Losing Money Because You're Not Pricing Right?

Are You Losing Money Because You’re Not Pricing Right?

Pricing is an art form, and is very dependent on market conditions and your ability to service that market. When costs go up the natural reaction is to say “I need to increase prices” but is this right or even possible sometimes? It’s definitely not “one-size-fits-all”, you don’t price the same way for everything. It … Continued

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ISO 9001

How to get ISO 9001 Accreditation

There are five main steps to getting accreditation: Making the decision to go for it Are you looking for new customers? Are they familiar with ISO 9001? Is there an expectation youโ€™ll hold the accreditation? Are you keen to increase customer satisfaction? Do you need accreditation to get through a tender process? Are you planning … Continued

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Fixed Price Contracts

Are fixed price contracts good or bad for your business?

To begin this is a sad tale about a subcontractor in the house building industry, they had to fix their prices to win contracts, but didnโ€™t put measures in place to help better protect them. At a decent margin of 40%, even with price rises of 5 – 10%, they should have made decent money.  … Continued

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