mmb logo

Tip of the week

Payment of Suppliers

14-08-2012 09:50 pm
Payment, Suppliers, Cashflow

You should always consider holding back sufficient money from a Supplier or Tradesman until you are completely satisfied with the completed work.

This provides you with the required leverage to ensure that all parties remain properly focused on the job until it is complete.

That being said, it is also important to treat your suppliers properly and make regular and fair payments as work is completed.