Once you get big enough to outsource, pay your colleagues or partners on time… Nothing will burn your bridges quicker than referring to the ‘global financial crisis’ or saying that you ‘went on holidays’ if the people that are working with you don’t receive payment in a timely fashion.

I’ve always paid my own partners as soon as I receive their invoices; I have sufficient  capital to work this way, and I also realise how timely payment not only keeps your books balanced, but that it also builds a better working relationship with your peers.

Honest business  is good business.