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Demerits of issuing credit sales in business.
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[QUOTE="CALVINDOL, post: 262398, member: 43757"] Every business owner definitely have the business intention of keeping the loyalty and trust of your customers and clients . And that indeed can only be successfully done when a business owner and devils to sell the right quality goods and services . Despite the fact that a business owner tries his or her best to sell and render the right quality goods and services he or she must also do more than selling quality goods and services , sometimes the issuing of credit sales to customers and clients can definitely be a good way to win their loyalty and trust possibly due to the fact that you understand the problem and the insolvency that the may face , and thinking that it is absolutely wise to have them despite not having the money presently could definitely be a good way for you to win the loyalty and trust . The issuing of credit sales to customers and clients is totally not a business problem but one thing is paramount which is the fact that you must not overdo it . You cannot issue credit sale and risks the existence of the business organisation because over credit selling totally these two business insolvency and sometimes lead to liquidation and bankruptcy of the business organisation . Most importantly you must try your best to keep track of all credit sales that you have done so as not to incur unnecessary bad debts in business . [/QUOTE]
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Demerits of issuing credit sales in business.
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