The Small Business Blog

AUGUST 24, 2007

Cost Cutting for Small Business – Payment Terms by Stefan Töpfer on Aug 24, 2007 There are two ways to get better payment terms from your suppliers – make sure you know what the pricing is and negotiate the payment terms last, without warning. Early payment discounts of 2% if you pay within 7 days. This is like a 24% p.a.

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The Small Business Blog

AUGUST 24, 2007

Cost Cutting for Small Business – Payment Terms by Stefan Töpfer on Aug 24, 2007 There are two ways to get better payment terms from your suppliers – make sure you know what the pricing is and negotiate the payment terms last, without warning. Early payment discounts of 2% if you pay within 7 days. This is like a 24% p.a.

2007 100

2007 Suppliers 2008 2009 100

The Small Business Blog

NOVEMBER 17, 2009

by Stefan Töpfer on Nov 17, 2009 On my blog I often talk about not spending money, bootstrapping and cash-flow planning. Get better payment terms by negotiation. VB, Stefan Matt Hymes Said on November 19th, 2009 at 10:22 pm How far would you recommend taking this advice though? Get better payment terms by non-payment.

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