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4 bad effects of owing others in a business
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[QUOTE="Augusta, post: 256024, member: 25283"] Yeah owing in business somewhat leaves the debtor at the mercy of the creditor because it is mostly what the creditor asked to be done that you would do for your business. You are owing as such you might really have the options or doing otherwise. Yes business comes with buying a lot of times on credit which might help you meet the demands of the customers but you need to do the needful to maintain continous supply which is to make payments when due. if you keep on playing pranks when it comes to making payment you might find it difficult in future to get goods on credit. So doing the needful by paying up will help the business. The truth is that a business that is devoid of products that will help make the customers to keep coming back will fail sooner than you think. So if possible it is better to stop owing In business. [/QUOTE]
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