Productivity Bits
OCTOBER 3, 2011
Suppliers usually give additional discounts for direct bank payments as this saves them money. However, check statements regularly to make sure both the right amount and supplier are involved. Check out your utility suppliers and fix payments if sensible to do so. Bulk buying usually gets discounts. Bulk Buying.
Small Business CEO
MARCH 24, 2014
Examples include: Supplier discounts for bulk purchases. … Finance loan alternatives small business loans' However, cash is also leverage to grow your company in ways not otherwise possible. This may be in direct ways that increase revenues, or indirect means that cut costs or taxes. Seize growth opportunities.
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The Small Business Blog
AUGUST 24, 2007
Cost Cutting for Small Business РPayment Terms by Stefan Țpfer on Aug 24, 2007 There are two ways to get better payment terms from your suppliers Рmake 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.
The Small Business Blog
AUGUST 24, 2007
Cost Cutting for Small Business РPayment Terms by Stefan Țpfer on Aug 24, 2007 There are two ways to get better payment terms from your suppliers Рmake 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.
The Small Business Blog
JUNE 20, 2010
Offer deep discounts to show them that you are genuinely there to help them succeed. When you offer deep discounts you not only devalue your products or services, you devalue your brand. Stefan Töpfer Said on June 25th, 2010 at 8:38 am Hi Erin, agreed, too deep discounts are not good for business. Digg Furl Netscape Yahoo!
The Small Business Blog
NOVEMBER 17, 2009
If the supplier knows you are ready to buy for the right price they will cut you a deal. Promise to buy from one supplier for better payment terms, like 60 or 90 days. Getting a better price is especially easy to do right now, since suppliers are tripping over themselves to get business. Get better payment terms by negotiation.
The Small Business Blog
OCTOBER 18, 2007
Even if you need the service or product from your supplier, check others all the time, insurance, telephone, utilities, etc. Ask to pay in 60 or 90 days, or get an early payment discount. Keeping an eagle’s eyes on the finances, especially the costs, can help you save money. Compare and get new quotes. Get better payment terms.
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