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Things to consider before selling on credit
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[QUOTE="Augusta, post: 134228, member: 25283"] When once you run a business, you should be ready to meet people wanting to buy on credit. This is one of the ways to have a high level turnover, because selling only on cash basis might not cut it for the business. you might decide to sell some on credit but you need to apply caution considering the following: [LIST] [*]How credit-worthy the customer is, you can check out the customer store to be sure he or she can pay back [*]Does the buyer make payment as at when due [*]The quantity of goods to be given to each person on credit [*]Can the buyer be trusted to with your products especially with large amount of products? [/LIST] What’s your thought on this? [/QUOTE]
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