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Research their procurement process, start right away. It can take many months to clear procurement. Generally you’ll need insurance. Use a startup insurance pr
by sirspacey 2y ago
Research their procurement process, start right away. It can take many months to clear procurement.
Generally you’ll need insurance. Use a startup insurance provider (not general business insurance). It’s way cheaper & faster to get.
The good news about being a registered vendor is that it makes it easier to sell to them in the future, whatever happens on this deal.
- ruchirp 2y agoSo this is a B2B Software startup. what do I need insurance for / against?
- sirspacey 2y agoGenerally: Errors & Omissions (E&O) for general coverage (usually required by procurement at a specific level like $1m, be sure to ask) Data for breaches, etc. if you are working with sensitive/customer data and could be sued in the event of a breach