Is Delaying Paying Suppliers Good for Cash Flow or Just Bad Manners? (3 Minute Read)

By |2021-10-24T09:53:19+00:00November 8th, 2016|Uncategorized|

By Alissa Bryden, CPA, CA In September, I was part of a twitter chat that discussed cash flow for start-ups (StartupCanada Chats). There was a lot of great advice given by the panel of experts. My twitter name is @vhaccounting and I have been involved in a few of these. The next one is coming up on Friday November 11th at 9am PST. There was a lot of discussion around delaying payments to suppliers while trying to collect accounts receivables asap. This cash flow technique is not new, if you get the money from your customers upfront but don’t pay your [...]