Business Credit Series - Know the Terms (Online)

Business Credit Series - Part Two: Know the Terms

Accessible lines of credit are vital for small business. It can mean the difference in having cash on hand to make small purchases or having the financial bandwidth to handle equipment and inventory purchases for increased customer demand, all while maintaining traditional cash flow for the daily operations of the business. Not all vendors will offer traditional terms, but learning these key words is beneficial in helping you ask for what you need without settling for what you don't.

In this session participants will learn:

-The five most common invoice payment terms -How vendor terms can improve cash flow -Leverage trade terms to extend credit to your customers and reduce DSO