Explore the ten necessary steps that can help you secure the best suppliers for your business.
Running a successful business, regardless of the niche, entails plenty of moving parts. For small and medium business owners, the responsibility of being on top of all these cogs fall on very few shoulders.
One of the most important factors that would ensure retail success is finding reliable suppliers that manufacture quality products.
The cannabis industry is relatively young.
With the industry still in its infancy, it is imperative to do all steps by the book.
How Can you Find Cost-Effective Suppliers for your Business?
Identify the type of supplier that you need
Suppliers come in different forms. Look for suppliers that will help you satiate your client’s needs.
Conduct a market research
Get a clear picture of what is important to your audience, how to speak to them, and how to sell to them.
Set your expectations
Make sure to be clear about your expectations and priorities. Knowing exactly what you want from a supplier makes building relationships easier and more smooth-sailing.
Identify the products you want to sell
Having a specific list of the products that should be in your inventory helps in narrowing down the dispensary suppliers that you should vet.