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Why over-credit selling could be a problem in business.
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[QUOTE="CALVINDOL, post: 260824, member: 43757"] The issuing of credit sale in a business organisation is totally one of the ways to win the loyalty and trust of your various business customers and clients because customers and clients absolutely love a business owner that understands the situation and also understands the situation when they do not have physical money or money to give for a particular good for service but promise to pay back when do you and when with money . When a business owner understands the situation of his or her clients and customers he or she is more likely to win the loyalty . Despite the fact that issuing credit sale in your business organisation is one of the ways of winning your customers loyalty and trust but one thing is advised that it must not be overdone because overdoing the commercial activity of credit sales will totally make you lose your business products and services without making any profit and any income at all and sometimes you may not even be able to know the financial standing of your business because you have accommodate a whole lot of business debt that are yet to be paid . There is absolutely no connections textbook or handouts that says that issuing credit sale is a bad thing in business but one thing we must understand is that we must do this cautiously by always keeping track of which customer and which clients owes you money and on what day the money is to be paid . [/QUOTE]
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Why over-credit selling could be a problem in business.
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