Procurement Advice: Helping Small Business Increase Cash Flow

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asked about 3 years ago

Procurement advice is helping small businesses reduce their overheads without compromising on quality or service. And companies like ERA are leading the way.

Procurement advice is one of the key ways that small and medium businesses can help increase their cash flow. With effective procurement practices businesses can gain a great deal of confidence, knowing they are building effective business relationships with their suppliers.

Procurement and Purchasing

Procurement is often used interchangeably with the term purchasing. While purchasing is one aspect of procurement, procurement involves a far more complex process than simple purchasing of goods or services.

Establishing realistic and actual requirements, market research, sourcing of goods and services, contract negotiations, as well as the ordering and purchasing process and the receiving of goods are the main aspects of the procurement process. While procurement is most effective in a tendering process, expert procurement advice from industry experts is one of the best ways small and medium business are reducing their costs, without compromising on quality or service.

Expense Reduction Analysts

Expense Reduction Analysts (ERA) have more than 20 years’ experience in helping thousands of businesses effectively increase their cash flow. As market leaders, ERA consistently help businesses of all sizes, across a wide range of industries, find additional savings, usually between 10 and 30 percent, in their most significant expense categories.

The largest and most experienced company of its type, ERA has a global network of specialists drawing on their experience and intimate business knowledge along with the credibility and recognition to work successfully on behalf of virtually any company in any industry.

Small Business in America

Small business represents a significant portion of the working and employment industry in the United States. Small businesses employ approximately 130 million people in the U.S. Representing more than 99.7 percent of all employers, small businesses provide 60 to 80 percent of all new jobs annually and pay over 44 percent of the total private payroll in the United States.

Considering these statistics, it is not surprising that more and more small and medium business owners are turning to companies like ERA to help reduce overhead costs to increase cash flow.

Allstateff.com Represents ERA

All State Franchise Finders are the franchise experts who represent over 250 of the best franchise business opportunities in the United States. Among those they represent are ERA.

“This type of franchise opportunity offers real solid potential for any entrepreneur looking for a quality business model,” said Derek Cafferata, CEO of AllStateFF.com. “Combine the experience, knowledge and reputation of ERA and you have an excellent investment opportunity.”

Contact All State Franchise Finders on 1-800-544-2161 or visit their website allstateff.com today.