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Tag Archives: payment terms
Timely payments from customers improves cashflow
This is clearly stating the obvious but how many customers do you have that pay on time? It is important to explain your payment terms to customers from the very start of the relationship. If you are receiving late payments … Continue reading
Posted in Restrictions
Tagged Costs, factoring, increase profits, increase sales, payment terms, reduce costs
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Supermarket Payment Terms
Whenever I see a client who is supplying supermarkets I always whince at the time it takes them to get paid and also the terms and conditions suppliers have to agree to. In April 2008 the competitions board confirmed that … Continue reading