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Ann: LiveTiles becomes approved supplier to Federal Government, page-24

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RonEss

87 Posts.

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06/04/19

23:28

Post #: 38028328
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Originally posted by ddmyte: ↑

I've been following this company for a while and it looks interesting but not enough for me to buy as yet.
I am wondering though what all the fuss about becoming an approved supplier is all about.
My small business is also an approved supplier and does a small amount of business with the government.
It's easy to get approval, just have to prove you have the right insurance policies etc in place, pay the fee, fill the application out and wait until approved - It's pretty much a slam dunk if you meet the criteria.
Approval doesn't however mean that you will ever do business with the government and not having approval only slows things down if you get in the door. The most important thing is to get in front of the right people and if they're interested you can get approval then. There is one plus being approved brings - you show up on a search (with all the other suppliers) on a particular item if someone (buyer/Engineer etc) was actually looking.
FYI only.
Hope to hold at some stage.
GLTAH

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Yes, good point. But your business isnt LiveTiles. Your business doesn't have high level ex Microsoft execs pushing its product. LiveTiles is a gift to ASX. the best investment i ever made. See ya at 70c next week!

LVT Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
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