Bill Paying and Reputation
Paying bills is one of the most difficult things we have to do in business for a number of reasons. One that always bothered me was that the money I worked so hard to get didn’t even have a chance to get all warm and comfortable in my checking account before I had to take it out to pay bills. The old “hard-come, easy-go” scenario. It was almost like the money was never really there. Time is another factor. The time it takes to pay bills pulls you away from money-making activities, and we all know that’s where we should be placing most of our energy. Of course some of us have bookkeepers to help with the bill paying, but often we need to get involved anyway to determine who needs to get paid now, who can wait longer, and how much we can pay each creditor.
