Questions answered by Michael Derrick, Managing Director.
To get some expert and impartial advice on controlling costs.
IHP has saved me time and money, negotiated tariffs on my behalf, achieved the buying power of a national company for a small business and been able to ensure suppliers deliver on their promises.
They have negotiated a range of new supply contracts and tariffs, only available to a national purchaser with some clout.
IHP helped to change my electricity supplier. They secured three quotes, all at competitive rates, gave me several options for the duration of the contract, allowed me to make the decision and completed all the paperwork. All this was done at a time when wholesale prices are going through the roof and my electricity bills have gone up only slightly above inflation.
The biggest factor for me is time. As the MD of a small business, I don't have enough time to fit everything in. I need to concentrate on the bigger issues; quality control, business planning and management development. Using a service like IHP allows the real experts to save time and money on my behalf - there is no extra work at my end - leaving me to concentrate on running the business. Without this service, I either wouldn't have time to shop around to get the best deals or I would have to just go with the most convenient and often the most expensive supplier.
It's good to speak to people you know who understand your business.
I would estimate that on our food, energy and other supplies budgets of £77,000 p.a. we have saved around 15% or £11,550 per year.
The less we spend on goods and services, the more we can invest in the buildings and staff team, putting our money where it really matters.
It has reduced the number of payments we make each month, saving on administration time, bank charges and hassle.
They can save you a lot of valuable time and money!