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
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...
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.