An overview of how to balance your budget and your business needs when contracting new vendors.
Creating a Scope of Work (SOW) is one of the most important steps in beginning a new relationship between a vendor and a client. A SOW is the document that provides an in depth and detailed description of the work that will be performed by the vendor, such as snow removal or landscaping. Any question … Continue reading Your Guide to Creating a Comprehensive Scope of Work
Being new to an industry, one of the most important and valuable ways you can spend your time is getting involved in the appropriate associations. In addition to the obvious advantage of getting face time with your potential clients, there are a few other huge reasons why this is a good investment for your company – and for your career.
One of the most time consuming elements of any facility manager’s job is the management of invoices. Of course, there are two sides to billing: Accounts Payable – bills you must pay - and Accounts Receivable – bills you are being paid for. As a provider of services to clients, as well as a vendor … Continue reading Four Best Invoicing Practices for Vendors
Sourcing new vendor partners can be one of the most challenging parts of a property or facility manager’s role. Your company may go through this process every three years, every year, or on an as-needed basis, but the criteria for selecting a partner to complete your contract services remains the same. There are thousands of contractors available to do the work required – so how do you select the best one? It comes down to four main considerations...
Understanding snow removal needs and priorities for your particular business type and selecting the correct snow removal contract can protect your budget and your assets, regardless of any surprises during the winter season.
An overview of some of the challenges and opportunities associated with selling a service vs. selling a product, including a look into how to approach, service, and scale a service sale.