Gateway Commercial Finance

Small Business Resources

7 Tips for negotiating better payment terms with your suppliers

Improving your business’s cash flow can be achieved by extending payment terms with vendors, essentially obtaining a short-term loan that allows you to retain cash while continuing operations. Effective negotiation strategies, including good communication, understanding the vendor’s business, and offering mutually beneficial propositions, can significantly increase the likelihood of success in lengthening payment terms.

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How to Overcome the Challenges of Selling Business to Business

Selling exclusively to businesses presents unique challenges compared to consumer retail businesses, requiring tailored strategies and tools to sustain revenue and growth. With a focused marketing approach, an effective outside salesforce, personalized interactions with clients, and a proactive approach to product support and innovation, B2B sales organizations can navigate these challenges and capitalize on opportunities for success.

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