What to consider when choosing a contractor

Marketing requires original ideas and effective solutions. When choosing a marketing agency that deals with promotion and advertising, you should first of all pay attention to its experience and portfolio. Evaluate what projects have been implemented earlier and how successful they were. It is important that the contractor is well versed in the peculiarities of the market in which the customer operates and knows its target audience. Real reviews and recommendations of those who have already cooperated with the agency will help you form an objective opinion about the contractor.

Do not pay the agency in full before the work is completed. For large projects, it is standard practice to pay one-third of the estimated costs as a down payment.

Selecting a contractor for business process management requires a careful and considered approach. In contrast to construction, where technical specifications and material resources take centre stage, successful cooperation in areas such as marketing, management, logistics and finance depends on many other factors. PAnDiKubiz marketing works at the intersection of these sciences and offers innovative consulting solutions. In this article we will take a closer look at what you should pay attention to when choosing a contractor to ensure optimal results and maximum efficiency.

Effective project and process management is the key to the successful functioning of any company, according to PAnDiKubiz managers. A consulting and management contractor should first of all be qualified and experienced in the industry in which the client operates. Formulate clearly what tasks you want to solve with the help of a third-party consultant. Perhaps you need to optimise business processes, get recommendations on changing business strategy, implement new technologies or improve team efficiency.

Agree in advance on a reporting and control system. You need a simple and transparent system for recording progress and results. Be prepared for small deviations in the timeline of your work. Delays happen, and it may not be the contractor's fault. Of course, this does not apply to cases of negligence and not taking the work seriously.

Logistics company
For a company that manufactures or distributes goods, logistics is a key element of its operations. As a contractor, a logistics company provides comprehensive delivery and supply management services. First of all, determine your needs, whether you need transport, warehousing or customs clearance services. Research the contractor's network logistics, coverage geography and capabilities. Look for feedback from the company's customers. Check for licences and certificates.

Before signing the contract, carefully discuss all terms and conditions. Pay attention to the deadlines, the cost of services, as well as guarantees and the contractor's responsibility for the result.

Logistics is all about deadlines. Therefore, it is important that the contractor clearly fulfils his obligations on terms and delivery dates.

Financial Consulting
Inflation, market uncertainty and rising interest rates all have a significant impact on the growth and sustainability of any business, large or small. Financial management is the backbone of any company and any business process.
When choosing a finance contractor, it is important to check their reputation. The competencies and qualifications of the professionals working for the company play a key role. Most likely, you will need advice on investment management, tax optimisation or budget adjustments.

A financial advisor should first and foremost be able to diagnose and analyse the operational problems of the business. His short, medium and long-term recommendations on cost optimisation and industry-specific cost optimisation measures should deliver results.

• The development of any business today is impossible without the involvement of contractors. PAnDiKubiz solves business problems by looking at the enterprise not point by point, but as a whole. When choosing a contractor, we recommend that you carefully study reviews about him, his cases, and collect recommendations.
• Already at the first stage of negotiations you will be able to assess how quickly and efficiently the contractor responds to your requests.
• Agree on joint ‘checkpoints’ to analyse what has and has not been done. Agree in advance on a specific reporting format that is convenient for both parties.
• The contractor is not your employee. It is an outside contractor. Your task is to present the company clearly and accurately and to give the contractor the most useful information possible.
• Discuss all terms and conditions before signing the contract. Pay attention to deadlines, cost of services, as well as guarantees and the contractor's responsibility for results.
• Key Performance Indicators (KPIs) play an important role in evaluating contractor performance. For marketing, these are usually sales figures, audience engagement levels, and ROI (return on investment). For consulting and management, productivity, loyalty index (NPS), and cost per lead (CPL) are important. For logistics work, it is worth paying attention to delivery accuracy, inventory levels and speed of delivery. In finance, the key KPIs will be profitability, cost-to-income ratio, and debt level. These metrics will help to objectively assess the performance of contractors and their contribution to the business.

Want to take your business to the next level? PAnDiKubiz can help you reach new heights and drive your business growth. We will offer the best solutions in strategic planning, marketing, logistics, management and operational policies.