Landing a new client or project can be an exciting time for any business owner, but if you are like many entrepreneurs taking on a new client (or several) at one time can put a strain on you financially. Especially if there is going to be a significant amount of time before you are able to start doing billable work or produce product for a contract.
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Working with your vendors to increase your profit margins and serve your customers ultimately benefits everyone involved. So don’t be afraid to review your current vendors and contracts and find ways that you can work together to reach your goals. Worst case scenario, you find another vendor at a more reasonable price point to further your bottom line. Best case scenario, you save money and continue working with a vendor you already have a great relationship with.