Start-Ups

Paying Your (Small Business) Bills

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Executive Summary

Don't let the vendor be the one to notice you haven't paid your bills. Communicate early and often to keep your business in good standing. Reevaluate your business. Sure, there's a credit crunch and a draining customer demand in general, but have you done enough to refocus your business in the recession? Not meeting vendor payments could be a sign that you're still too big.

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