Thursday, December 15, 2011

Offering Net 30 to Net 60 Payment Terms

Offering payment terms can be challenging when working with small or established businesses. Cash may be king, however it's also tight and makes you grip it a small tighter these days. Waiting 60 days can seem like a lifetime when you have bills that don't seem to get on the same schedule. The situation can be exigent (I just learned this term and thought I'd try it outside) when a fresh potential you're working with seems really promising and then questions for charitable payment terms. A dilemma presents itself as the opportunity to sign the customer and risk a cash flow difficulty or risk losing the customer's

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