The Department for Business, Enterprise and Regulatory Reform has made available

Managing Cashflow Guides 4. Treating suppliers fairly. These guidelines offer advice to businesses on payments to their suppliers, offering the following tips:

1. Make sure payments due are in your cashflow forecast so they don’t catch you by surprise.
2. Talk to suppliers early if you have a problem preventing prompt payment.
3.  Paying promptly: earns your business respect,  may allow you to negotiate better deals

   or agree a prompt payment discount,  helps you avoid late payment or interest charges,  ensures supplies don’t get stopped, improves your trading relationships, makes you a more valued customer.

   helps you avoid late payment or interest charges,  ensures supplies don’t get stopped, improves your trading relationships, makes you a more valued customer.

4. Give your key customers a copy of this guide.

5. Treat your suppliers as you want your customers to treat you.

Comment first

Only registered users can write comments.
Please login or register.

Powered by AkoComment Tweaked Special Edition v.1.4.6
AkoComment © Copyright 2004 by Arthur Konze - www.mamboportal.com
All right reserved