The liquidity of an Enterprise Development Beneficiary matters. A long-term Enterprise Development Strategy more often than not incorporates future Bonus Points for elevating a Beneficiary from Enterprise Development status to that of Supplier Development. However, core to successfully claiming these points is that the Enterprise Development Beneficiary remains in business. In other words, claims only qualify if an Enterprise Development Beneficiary’s business is liquid and actively trading.
Therefore, organisations must put measures in place to track the performance of their Beneficiaries.
Enterprise & Supplier Development Services are available to assist Members with Enterprise & Supplier Development strategies.