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Hello and welcome to my exclusive blog showcasing the best new businesses I have found or been told about in London. http://londonbusiness.wordpress.com/
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The Importance of Reading Business Reviews How do you choose who you will be doing business with? Using referrals from friends is one great way to get started, but you should take some time to read business reviews, also. Why is it so important to read these reviews? Many times our friends and family members are not really that well informed about a business and the requirements of providing high-quality service. Their referral is almost always based upon having a good experience or getting a good price. What they may not realize is that person who just gave them the friendliest service they have ever received really may not be the best choice.
Verify Friendly Opinions before Investing Your Money Using a friend’s recommendation based on price can be a recipe for disaster. Cost alone is not a good indicator of what is the best company to do business with. Professional business reviews will cover a variety of topics covering a business. This usually includes their position in the market. Are they considered a low-cost provider or a premium-service company? It will give you insights into how long they have been in business and if it has always been with the same owners. Think about that last item a moment. There are many times someone recommends a great place to have a service performed and then you get horrible service. This is usually due to the business changing hands or you are not working with the exact same individual within the business. A business review which covers all aspects of a business will give you more knowledge you can use in making the right decisions. Many business reviews cover a company’s current financial standing, also. You do not want to place your trust in a company to do a renovation on your home which is on the verge of liquidation. You could end up with a project half-finished and fully paid for and the company goes out of business. Your well-meaning friends would have never known this was coming, since they do not watch business closely or do deep research.
The Power of Multiple Opinions One added reason to read business reviews is the depth of understanding. A single person can only relate their one experience with a company. By reading business reviews which have been written about a company you have a better understanding of what to expect. If you have a referral and have read several glowing business reviews you can feel very confident contacting the company. On the other hand, if you read one great review and then see a couple bad reviews and hear a horror story from a co-worker, you know it is time to stay away from the company. The combination of referrals from friends, co-workers, and business partners paired with checking business reviews gives you the ability to choose companies and service providers who are the best. You can find reviews by searching online, checking magazines, and or through local review sites. Take those few extra minutes and get the facts instead of making an expensive mistake.