Today's thought is directed towards, but not limited to, entrepreneurs in the start up phase of their businesses. It is often a task that gets taken care of after receiving the first order. Do you have all the necessary documents in place to process the order?The downside of not being prepared can have disappointing consequences. These can vary from a lengthening of your your sales cycle to not being paid for products and/or services provided.
These consequences may be it is avoided with some forethought.
It is great to get the first orders, it is also beneficial to have a flawless transaction.
Do you have what you need?
- Applications for establishing credit
- Sales agreements
- Certificates of compliance
- Material Safety Data Sheets
- Instructions for use of the product
- Estimate forms
- Order forms
- Invoices
- Packing slips
- Bills of lading
- Customs paperwork
- Purchase orders
- Delivery receipts
- A way to keep it all organized
Good selling,
Richard
Posts
This is very true. Many entrepreneurs do not have the resources to help guide them through this process - even a simple check list as you have provided. There is a great tour that is going on right now that speaks to this type of focus and organization. I went to the one in Markham and it was great. http://www.silverlininglimited.com/committed-tour/
ReplyDeleteThank you for the post!
I agree with you, entrepreneur sometime does not posses the resources what you have mentioned Material Safety Data Sheets, certificate of compliance matters a lot in entrepreneur business. Your advice is priceless. Thanks.
ReplyDeleteOrder forms