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Season 2 Ep 40: Stop Running Your Business like a Popsicle Stand
Description
The process of procurement in a busy design firm is NO joke. You are not running popsicle stand, you are running a firm with various moving parts and you have to be able to have a way to track what is coming and going through your business. This is where checks and balances come into play to avoid costly mistakes and keep the firm running smoothly.
We know discussing purchase orders can be a little bit boring but by practicing a proper purchasing process and using purchase orders can make or break your interior design business.
Why?
Because a purchase order ensures accuracy in tracking and forecasting, as well as plays a key role in auditing and cross-checking bills and expenses. We want to be able to have clear communication with vendors and this ensures that all the necessary details of a transaction with a vendor are documented, thus making it easier to communicate and avoid misunderstandings.
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