Are SME’s the backbone of the economy?

In 2013 there were an estimated 4.9 million businesses in the UK which employed 24.3 million people, and had a combined turnover of £3,300 billion. SMEs accounted for 99.9 per cent of of all private sector businesses in the UK, 59.3 per cent of private sector employment and 48.1 per cent of private sector turnover. SMEs employed 14.4 million people and had a combined turnover of £1,600 billion and small businesses alone accounted for 47 per cent of private sector employment and 33.1 per cent of turnover.

SME’s are the driver of the economy and will ultimately lead the country out of the recession. It is therefore essential to ensure that they are not forced out of business by the ever growing multi nationals such as supermarkets.

Local councils could tighten the rules on granting planning permission to the local supermarkets but that would probably face a lot of opposition.

The better option would be to inform business owners of various ways to cut their cost and become more competitive and profitable.

Improve That Price is a free tool that gives users the ability to compete with the bigger players by comparing their own wholesale suppliers and choosing the ones that offer the best all round deal. On average users can save 7%.

To improve the COS by 7% can make a massive difference to any business.

It does seems clear that SME’s are the backbone of the economy.

Everyone likes a special offer!

At Improve That Price we have recently launched our ‘Special Offers’ page which is proving very popular with both our users and our suppliers as it clearly displays the best deals of popular products on one page.

Additionally our suppliers can now post their ‘best’ special offers directly on our homepage where the users, once they click on a product, get taken directly to that product on the suppliers site.

A user can of course still go back and add all required products to a basket and compare the overall best deals available as one may not be getting the best deal from a supplier based on a single well priced product. We would strongly recommend to always compare an entire basket for the best overall price.

The prices on Improve That Price are continuously monitored and updated to ensure that all information given is 100% accurate.

We will continue adding suppliers and products to the special offers page because we know that everyone likes a special offer!

 

Happy shopping!

 

The Improve That Price team!

Weekly newsletter from Improve That Price

This week we have started sending out a weekly newsletter with special offers to our registered users.

These newsletter includes a small selection of handpicked products of the most interesting promotions offered by some of the largest wholesalers of food, drinks and other catering related products including packaging and cleaning & hygiene.

The products on the newsletter have a link to the supplier giving users the ability to order directly from the supplier or alternatively users can go to improvethatprice.com  and create a basket to compare additional products for other great offers.

There is a Special Offers page which can be found at http://improvethatprice.com/specialoffers.php.

You can sign up at improvethatprice.com for your weekly newsletter and our Price Tracker to help you save your business even more.

 

Your Improve That Price team!

Post Xmas update.

Now that Christmas is over it is interesting to briefly review the busiest time of the year for the catering industry and see what the most popular products were. I know how much food and drink gets consumed as this time of year and I do feel like I was single handedly responsible for the rise in food and drink consumption.

2013’s number 1, in terms of most searched for on improvethatprice.com, was Red Bull. No. 2 Coca Cola, 3 Peroni Nastro Azzuro Beer, 4 Diet Coke and 5 Jack Daniels.

In addition we launched a new Knorr soup on behalf of Unilever Food Solutions which has proven to be very successful and we have lots of requests for free samples.

We are also about to launch a new cheese on behalf of another one of our partners and I will blog about it once this has gone live.

We are very excited about 2014 and wish you all a very happy, healthy and successful one.

Happy New Year

 

The Improve That Price Team

 

It pays to compare!

As a business owner it is possible to occasionally loose sight of some areas of your business due to the fact that you rely and trust your employees to perform in the best interest of your business but, as we know, this is not always the case.

There are suppliers who you and your employees build relationships with over the years and you assume that you are being well looked after and in some cases this may be true but I know that when it comes down to my business, I want to know exactly where my money is going to and know that I am getting the best price possible.

We know what happens when one assumes!

http://www.improvethatprice.com makes comparing your suppliers as easy as possible and gives the business owner the tools to be able to achieve the best possible deal for his business. If, for example, a business owner is looking to buy Coca Cola cans, currently the most searched for and clicked product on improvethatprice.com, then there are several prices to choose from ranging from £6.59-£11.28. These are massive differences and can make a huge difference to any business. Below is a link to that page:

http://www.improvethatprice.com/product-comparison.php?ProductMasterID=13770

Improve That Price also offers a catering equipment category which is certainly not a category used daily by businesses but the savings can be substantial. From the hand stick blenders to the kitchen sink its pretty much all there.

There are several other categories worth checking out.

Will keep you posted with any new developments.

Happy saving!

The entrepreneurs helping small businesses find a price that’s right

On the 19 May 2013 an article in the Sunday Telegraph was published about Improve That Price and how the site is helping SME’s to save money on their regular purchases.

The article also highlighted the fact that some of the companies that are being compared are not happy with having their prices on improvethatprice.com. These companies are substantially more expensive than other distributers. One company even suggested to “take further action” should their details not be removed.

This is positive feedback which we like as it shows that we are doing something right. We want companies to complain about us, we want them to be unhappy that we are comparing them against much cheaper suppliers and we want them to reduce their prices so that small companies also have a chance in this competitive market where its always the big players who manage to negotiate better deals due to the buying powers they have.

SMEs accounted for 99.9 per cent of of all private sector businesses in the UK of which a large number is in food and catering.

Check out the link below to the article in the Sunday Telegraph.

http://www.telegraph.co.uk/finance/festival-of-business/10064898/The-entrepreneurs-helping-small-businesses-find-a-price-thats-right.html