How adopting standards can help your business compete

  • 16 Jul 2021

Implementing standards inspires confidence in your business and sets you apart from the competition.

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If you’re a small business owner, you already know that you have to work harder to prove yourself against larger organizations. That’s where adopting standards can help you.

There are a wide range of reasons that smaller businesses choose to work with standards. Achieving certification to relevant standards can help you to compete in the marketplace and win tendering, inspiring confidence in your business. Crucially for your bottom line, it can also drive down costs, boost productivity and improve profits.

Two standards which are widely adopted worldwide are ISO 9001 Quality Management and ISO 14001 Environmental Management. These international standards can help you better manage your business’s quality processes, minimize environmental impacts and enable a more resilient business - whilst giving your customers and stakeholders peace of mind in your credentials. You can learn more about ISO 14001 and its benefits here: https://page.bsigroup.com/Sustainability/Focus.

Implementing standards inspires confidence in your business and sets you apart from the competition. It can also help retain existing customers and open doors to new and emerging markets.

 

Some contracts and supply chains are only open to standards-compliant businesses, which can limit potential opportunities available to you. This is why adopting standards can be a strategic step that allows you to compete with larger organizations and achieve greater successes.

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