Course: Getting strategic with cash flow
Part 3
5 minute read
Reevaluate your supply
Considering what you need most from your suppliers can be a good way to reduce cost — and minimize the cash leaving your business.
Is your vendor relationship working?
- Can you renegotiate the price?
- Can you switch to a cheaper product?
- Can you negotiate more favorable payment terms?
- Can you buy in bulk at a better price?