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.

2007 100

2007 Suppliers 2008 2009 100

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.

2007 100

2007 Suppliers 2008 2009 100

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. Get better payment terms by negotiation. 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.

Suppliers 100

Suppliers 2009 2007 2008 100