REQUEST MORE FAVOURABLE PAYMENT TERMS FROM VENDORS

It is the goal of business enterprises to make profit by selling goods and services to customers. For a business enterprise to be profitable, it has to ensure that certain things are put in place. It should be known that goods and services have to get to costumers before a business enterprise can make sales. No matter how wonderful a product is, it becomes useless if it is does not get to people. As a result of this, various business enterprises hire vendors to help sell their products to people.
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Hiring vendors to sell products is very advantageous as they would out to various people. These vendors have to be paid commission for their services. In paying vendors, a business enterprise should request payment terms that would favour it. It should ensure that it does not have to stress itself to pay them