Chapter 12
Operating Effectively
IN THIS CHAPTER
Selecting premises
Opting to make it yourself or buy from outside
Choosing and using suppliers
Deciding on key business advisers
Dealing with cyber security
Although you’ve decided to go into business, it doesn’t necessarily mean that you have to make your own product, carry out every aspect of the business yourself or even work from dedicated premises. The best use of your time may be to outsource the most time-consuming and least valuable aspect of your business. For example, I bet you can’t get a package from Milton Keynes to Penzance in under 24 hours and see change from a £20 note! But a delivery service can. Amazon sets a blistering pace to match when it comes to fulfillment.
Whether you buy in most of what you sell, or just components and assemble them yourself, you have to choose between the dozens if not hundreds of suppliers in the market. Price alone is rarely a good enough guide to which supplier to choose. If they can’t ...
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