Quote:
Originally Posted by Gayle
I had it explained to me the other day - how companies like Woollies go bust.
It's all down to insurance.
Most companies rely on buying things on credit. The companies that supply them take out insurance just in case Woollies can't pay up. That's fine but then if things get a bit shaky the insurance companies won't insure them any more so no one will supply them unless they pay up front.
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Gayle that is spot on. Only this week, within my interests, I placed an order on a UK company. I did not ask for credit. the terms were 28 days from invoice...That was the company terms not mine.
I got notification that the goods would not be sent until the invoice was paid in full.
I have no problem with that and I think that the likes of Tesco and Asda should be put under similar rules as the small trader.
I know for a fact that these companies demand, sometimes three and six months credit from small companies who can hardly afford to stand it.
Give the small traders a level playing field and they will prosper.
Instead of Ministers of the Government who are hell bent on making the lives of the British Taxpayer hell by introducing stupid legislation.
Thou shalt not smoke..Thou shalt not be allowed to enjoy yourself. Thou shalt not go out at night for fear of mugging. Thou shall not find a dentist who will take you on....the list goes on and on and still we so gullable to trust and rely on these morons to run our affairs.
I am getting to the end of my four score years and ten but I hope that the new generation of intellegent people take the bull by the horns and show these cretins who are getting money under false pretences prove their worth and work for the people instead of self recognition and self preservation.
I dont know what the answer is....do you?
