How to stop credit sales as a business owner.

Augusta

VIP Contributor
When you have a business you would be killing it faster than you think when you engage a lot in credit sales. One way to quickly go bankrupt is having high number of debtors in the business. You would be running the business down.

So how can you start from the onset to prevent credit sales

Place s notice of no credit sales
This is what a lot of business owners do. You need to leave a boldly written notice at the entrance of the business that the company don't do any credit sales as such no customer shouldn't ask for it.

Don't make high production
Another is that as a manufacturer or wholesalers you shouldn't produce or buy quick to spoil goods in high quantities. This way you would not be forced to allow for credit sales when it shows itself.

Don't force sale
Days that sales are poor, just know it is just how it should be at that period. Don't force buyers to get more of the products since you can get sales for that period

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