Asking the right questions before renewing could save your business thousands of pounds. Here are the 12 questions every UK business should ask.
Most expensive mistakes happen when contracts are renewed too quickly. Take a few minutes to ask the right questions before you sign.
Many businesses simply accept the first renewal offer they receive. Unfortunately, that's often when expensive mistakes happen.
I've reviewed hundreds of contracts across energy, water, broadband, telecoms and mobile services. The biggest savings opportunities almost always exist before a contract is renewed, not after.
Before signing anything, ask these 12 questions. They could save your business a significant amount.
Know your end date, notice period and renewal terms.
Understand termination clauses and penalties.
Compare the offer against the current market.
Remove unused lines, services or capacity.
Ensure the contract still matches your business today.
Bundling can simplify management and save money.
You could face higher rates or automatic renewal.
A second opinion often uncovers opportunities.
Check for standing charges, fees and extra costs.
Benchmarking helps you know if it's a good deal.
Does the contract length suit your plans?
Think about growth, changes and future needs.
A Lancashire-based business was about to renew a telecom agreement without reviewing it. After an independent review, we discovered they were paying for six unused SIMs and a data package nobody needed.
By removing unnecessary services and restructuring the package, they significantly reduced their ongoing monthly spend.
Send a recent bill or renewal notice via WhatsApp and receive a free independent review.
Ideally three to six months before your contract ends. That gives you enough time to compare the market without being rushed into an offer.
Yes. Reviewing early is the point. You'll know your notice period, your current rates and whether the renewal offer is competitive.
No. Many businesses stay where they are on better terms. A review simply tells you what your options are.
Usually a short turnaround once I have a recent bill or renewal notice. Most businesses get feedback within a couple of working days.
None. The review is free and independent. If your current deal is already good, I'll tell you that.
A quick review now could save your business thousands of pounds.
Send Bills via WhatsApp