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How can public sector contracts benefit you?
Each year the public sector spends a huge amount of money and is always looking for new suppliers. However small your business, there are always opportunities to enter this market. Even if you are already supplying one part of the public sector, it is worth looking for opportunities in other areas.
Public-sector organizations are good customers. They have to be fair, honest and professional in the way they choose suppliers and in any dealings with them. Most are also long-standing, stable customers, and have to pay promptly and in line with agreed contract terms. Public-sector organizations have to pay accounts within 30 days (or any other agreed credit period) of receiving a valid bill or invoice.
You may also find that trading successfully with the public sector can give added credibility with private-sector customers.
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