Print this chapterPrint this chapter

BUYING AND SELLING

3. The Buying Process

3.2. Factors to Consider When Buying

  1. Quality – Must meet job standards and safety requirements.

  2. Price – Should be affordable and fair.

  3. Supplier reliability – Should deliver on time.

  4. After-sales service – Warranty or repair support.

  5. Availability of goods – Easily accessible.

  6. Payment terms – Cash or credit.

  7. Transportation and delivery costs.