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Business strategy
Consequences of excessive credit sales in business.
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[QUOTE="moonchild, post: 341374, member: 57467"] Credit in business can be dicey because there are business that thrives solely on credit which is the owner of these businesses collect credit to fulfill orders, these type of businesses include large others from manufacturing companies and auto industry, but other small businesses can not be sustained through giving out loan to customers because the margin is not worth it. If you’re a small business owner you can make it a rule and inform your customers on your no credit rule, or you can make it base on merit which is basically just giving out credit to a deserved customers, based on money he’s spent or customer lifecycle. [/QUOTE]
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