Ways to Negotiate Better Prices from Vendors

Every business owner wants to get better prices from their vendors, but few even realize that this is possible. They receive their invoice every month or week and pay the balance religiously. But there are plenty of suppliers out there, so why shouldn’t you get a better price? Here are six ways you can angle for a better deal from a supplier you already like doing business with:

Just ask for it. You’ll never get anything if you don’t ask. If you’ve been with the vendor for a long time, they may ask you why you’re looking for a better price, and if they do, there are probably numerous reasons you can come up with. When you are asking for a discount though, remember that you’ve got to be realistic about what you want. You’ll face your supplier representative walking away if your offer is too ridiculous.

Show off the potential of your business. Many small business owners don’t even realize that larger suppliers follow the 80/20 rule. They get about 80 percent of their business from just 20 percent of their clients. This means that if you can show them that your business has a great potential for speedy growth, then you are more likely to become a larger account for them. Just be professional with the representative you work with, pay your bill quickly and become the type of customer they love to do business with.
Get ready before you ask. It is very important that you prepare for that next meeting with your supplier’s representative. You should have a good idea about exactly what you want and whether it is a reasonable expectation. Look at the prices they charge you currently and see what you need in terms of better pricing. Also spend some time doing some calculations to see how much you will really benefit from these better prices and whether there are any situations which might make it easier or better for you to deal with their higher prices.

Find out if the grass is really greener somewhere else. There are plenty of suppliers you can do business with, and in some cases you may find a better supplier than the one you currently have. Even if they don’t offer you exactly the same products or services, they may have a substitute that is just as good as or even better than what you currently have.

Advertise the competition. When you do meet with your supplier’s representative, let him or her know that you have checked out the competition and you know what’s out there. If you’ve been offered a better deal, don’t be afraid to let the person know that. Then just tell them that you want to give them the opportunity to do better because you have already been doing business with them for some time.
Look for value added benefits. Sometimes you might not be able to get lower prices out of your suppliers, but you may be able to get something else that will make your life a lot simpler. For example, they may be willing to hold stock for you so that you can get rapid delivery or let you extend your payment terms on them.
Of course at the end of the day, there is much more to choosing the right vendor than getting the best price. Level of service, delivery, and knowledgeable staff are also important components to consider, so be sure to look at the entire picture when deciding whether to continue with your current supplier or to look elsewhere.

The Advantages of Living in a Retirement Facility

An assisted living facility will benefit the senior and the senior’s family.
Those individuals who have reached retirement years often enjoy a lot of independence, but they may also begin to have difficulty making sure that they are taking proper care of themselves. This is particularly the case as the years pass, and they may find that they are confined to their homes, unable to do anything many of the things for themselves that they used to do. This is not only depressing for the senior, it is also distressing for their family. In addition, health risks to the individual increase, particularly if they have problems with falling or if they are not taking their medication properly. A retirement facility, however, has many benefits that can help individuals live out their golden years in the comfort and with a greater level of independence.

What are some of the benefits of using one of these assisted living facilities?
The first thing to be understood is that there is a difference between an assisted living residence and a nursing home. Rather than being confined to a room, with very little independence, many of the assisted living facilities offer services with just the right level of support to give the senior resident some self-sufficiency. One of the most important benefits of this type of environment, for the senior, is security and safety. This is especially true for those with some degree of physical impairment where assistance is available to ensure the senior has all the independence that he or she is able to enjoy.

When your senior loved one lives in a retirement home, you can rest assured they are getting meals on a regular schedule.
Nutrition is often a concern for individuals who have entered this time of their life, many do not get the proper nutrition when they are living on their own. It can also be very difficult for seniors to be able to get out and shop for groceries that they need as well. In an assisted living residence, however, there is access to regularly scheduled nutritious meals. Restaurant style dining not only supports good nutrition but is an important aspect of socialization and creates a family atmosphere.

No need to worry about a messy room or dirty clothes when living in an independent living facility.
Housekeeping is often difficult for many seniors, but that problem is overcome when living at a retirement facility. The housekeeping is done for the resident. Friendly staff members regularly straighten and clean the residents’ rooms. A clean room, as I’m sure that you’re aware, is a healthy room, and it can really help to make a difference in the overall health of a senior when this cleaning is done on a regular basis. In addition, the housekeeping staff at the retirement facility will make sure that the residents are taken care of as far as laundry is concerned. On a regular basis, you can arrange for clothing and other laundry to be picked up in order to be cleaned and returned to your loved one conveniently.

More reasons to consider an assisted living facility for your parents or senior loved one.
Many seniors who have entered this stage of their life are unable to drive. The independent living facility gives your loved one access to the transportation that is necessary for you to make sure that they make their appointments as well as to get out shopping regularly. This transportation offers a considerable amount of freedom, and provides a solution for loved ones who are responsible for transporting the senior.

Finally, don’t overlook the health related care that is available through a retirement facility. Trained staff are available to provide assistance and medication. Of course, not everyone will need constant care when entering a retirement facility, but it’s nice to know that it is easily accessed.