socialmedian: Stall Your Way to Better Cash Flow

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Stall Your Way to Better Cash Flow

Source: Capital Solutions Bancorp Blog

Nov 04, 2009

Summary

Make this your cash flow mantra: "Take your time paying your bills while sending out invoices as soon as you can."

You might ask if paying late will affect your credit rating. The timing of when you pay your vendors has no impact on your credit score. Rather, you'll hurt yourself worst if you don't have available cash flow to pay taxes or use up all of your line of credit.

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