Скачать или смотреть The destructive effects of extended payment terms

How long are you willing to wait to get paid? Some major corporations are making their much smaller agencies and suppliers wait up to 90 days or more. Not because they have to, but just because they can. Sounds like bully-boy tactics. But it has major implications and you can find out what they are here in a Golden Minute.

How often do you get paid?
Weekly?
Fortnightly?
Monthly?
So why do some companies insist on taking two months
or more to pay their agencies?
Agencies have cash flow problems too.
Yet many governments, including the EU, have laws governing against these unfair payment terms for small to medium companies.
Yet these so called good corporate citizens continue to make their much smaller suppliers wait months for their money.
In the meantime putting their agencies under further financial pressure.
And really if these big corporations are that short of cash
perhaps their shareholders should be informed?
Now who’s feeling bad?