January 2025
Pay your vendors properly and on time. They will be there when you need them.
Vendors notice when you are forgetful or constantly late in paying your bills even when nothing is said. Rather than make excuses for non payment, it can be easier to ignore their inquiries and past due notices. Be assured that your property will not be a priority for them in times of need. They may even charge more for certain services or the inconvenience of dealing with you.
Some vendors can be owed tens of thousands of dollars before an invoice is issued. They still need to pay their employees and supplies required to service your account before they can even think of drawing a salary. Delayed payment of invoices forces vendors to financially support your operation. Nobody wants to be forced to go to Small Claims Court to collect what is owed to them.
Treating your vendors in this way rightfully earns their inattention when they are needed the most.
There is no excuse for mistreating your vendors by delaying payment of their invoices. If dissatisfied with the quality of their work, speak up immediately. Never ignore an invoice and always pay promptly.
