So I'm in the waiting room at the doctor's office yesterday, and I pick up a copy if Inc. Magazine.
On the 2nd page they had results from a survey they did the previous month, the question was "Do you drag out payment to vendors in order to improve cash flow?"
40% said yes.
Here's what's interesting though....only 40% said yes but it's apparently such a common practice that the editors of this magazine decided to run a poll on the issue.
Also I can only imagine how many people were paying vendors on time and read that snippet and now will start dragging out payments to vendors since they see it as such a common practice.
It must really suck to be a vendor
