Take Cash Discounts In Your Business

Posted by on July 2, 2012 · Leave a Comment 

Don’t miss the cash discounts offered by your suppliers.  A 2% discount for payment in ten days, versus net payment in 30 days, computes to an annual rate of return of 36%. If you can get a 10% discount for paying twelve months of payments in advance, you will earn 23% on your prepayment!

Questions? Don’t hesitate to call Simons Bitzer at (317) 782-3070.

Filed under Blog, business planning, Cash flow management · Tagged with

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