How Can You Stop Having Problems With Your Vendors?

Many clients are bothered by problems with their vendors.

I tell clients that sometimes vendor problems are not their fault. Your vendor may have failed to deliver the product you bought. Or the product may have failed to meet specifications. Or the price might not be what you had agreed to pay.

When this is the case, you have every right to withhold payment until they fulfill their promises to you. You might even need to take them to court.

You’ll need to have the right documents, though, to prove your case. This means you need to eliminate paperwork chaos.

Usually, though, problems with vendors happen because your business is having major problems with cash flow.

In the video, I talk about 7 ideas for quickly improving cash flow. I also take a deeper look at how you can solve the root problems of your business.