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To be fair, he didn't advocate cheating vendors, it was the reporter who claimed that he recommended not paying vendors on time. His response was that he tells
by ern 17y ago
To be fair, he didn't advocate cheating vendors, it was the reporter who claimed that he recommended not paying vendors on time.
His response was that he tells businesses to honor their word, but to negotiate terms. Of course, if you negotiate after you receive the goods, that's scummy, but I don't think that's what he meant.
Lots of big businesses extend their payables when negotiating with suppliers, why can't smaller businesses try to do the same?
- gaius 17y agoIt's quite normal in any company to avoid paying invoices until the very last minute. It only depends whether that is "on the day" or "when we get a letter from their lawyers". It's entertaining, as an engineer, to see your accounts department deal with a vendor who doesn't threaten, they simply shrug and switch you off. The most entertaining example I ever saw of this was back in the 90s, when the company I was working for "lost" all its clients domain names... Of course I had kept copies of the email renewal notices I'd forwarded to them.