"It is only by not paying one's bills that one can hope to live in the memory of the commercial classes."
--- Oscar Wilde
It has become the norm for business people to not pay their bills on time. Of course, that is not all business people, but for many, the due date is simply a generality. It is there, as a place marker, that means you can pay on that date or somewhere long after. It is just thrown out there in order to fill that Due Date space on the invoice.
Customers, especially business customers, have long believed that it is better to hang onto the money as long as possible even if there was an agreement to pay on such-and-such a date. I believe we all do it to some extent, but when your accounts receivables isn't receiving, it can slow down your business plans. The due dates are there for a reason and many businesses count on their customers to keep their word regarding payments.
"They thought I was a success as soon as I started paying the bills."
--- Mahalia Jackson
Paying our bills on time is a satisfying feeling. It gives us a sense of accomplishment and responsibility. Besides, staring at a stack of overdue invoices can really take a toll on your energy and reduce your creativeness and creativity.
There are many factors involved when one can't pay their bills on time. Perhaps a customer is holding back a check that you were counting on in order to make payroll. Or, there is a crisis that ate up all of the funds in the account, so your vendor is put on hold. These things happen, but it is critical that we do all that is possible to pay our bills on time.
"You only can live on adrenaline for so long; one thing is for sure, it doesn't pay the bills."
--- John Barrow
Good intentions is difficult to explain to someone you owe money to. All they want, and all you want, is to see the money. Excuses are worthless. Write the check, pay the bill. It is far better to extend yourself financially than to delay paying what you owe.
"My cell phone bill and my cable gets cut off all the time. Not because I don't have the money, but because I just forget to pay my bills."
--- Erin Cummings
A truism is that if you pay your bills on time, you will receive your payments due you. Building integrity muscles begets others to do the same. Not completely sure of the magic of it all, but when we pay our bills on time or before, we receive payment from those who owe us. There will still be some slow or late payers, but once our house is in order, we seem to be treated in kind.
Take a look at your accounts payable and see if any are outstanding or if any have a pattern of being paid late. Make the necessary corrections and even send a note of apology to that vendor or business and let them know that you are striving to pay on time in the future. By doing so, you will begin to see your accounts receivables improve.
"You can take a chance with any man who pays his bills on time."
Successful & Stunning Vehicle Wraps: What You Need to Know, Part I
By David King
When I attend a show and see a row of vehicles lined up for a contest about how fast someone can wrap a vehicle, I have to wonder how true this is compared to what the average company goes through to create a vehicle wrap.
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At a auto repair shop in Milwaukee:
"Try us once and you'll never go anywhere again."
On a billboard ad for a safe company:
"If your stuff is stolen, it's not our vault"
In front of a junkyard in North Carolina:
"Drive Reckless! It helps business!"
We need those funny signs you've seen in your travels, come on, we know they're out there.
Send them to us at: email@example.com.