Which one is the best: selling in credit or seller in cash basis

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Stardom22

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• Nov 30, 2022

• #1

I think selling in cash basis is the right option for me. However, businesses found it difficult to avoid debts resulting from selling in credit basis.
How do you think?

 

cherry123

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• Nov 30, 2022

• #2

Stardom22 said:

I think selling in cash basis is the right option for me. However, businesses found it difficult to avoid debts resulting from selling in credit basis.
How do you think?

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Who wouldn't like a cash business but I doubt one can do business without selling on credit. it will be difficult

 

Niyi Briggs

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• Dec 21, 2022

• #3

I prefer selling in cash. Nothing beats holding the fruit kf your venture in your hand. Or you do mobile transfer. Credit is a no no for me.

 

Reedex

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• Jan 18, 2023

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When you sell on credit you are killing the business gradually. I am an entrepreneur and I know what I'm saying.

 

Shavkat

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• Jan 19, 2023

• #5

As much as possible, I prefer cash than using credit cards. Besides the point, I do not want to be in debt because of it.

 

uptrendfinancialsignal

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• Feb 24, 2023

• #6

It is a very obvious that selling on credit will be faster but you could run at loss and your business could crumble with such method.

 

eldavis

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• Feb 24, 2023

• #7

I think it would be better to sell with cash and not accept credit. There are some customers who can be heartless, after giving them out of trust they end up breaking that trust.

 

IB D

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• Feb 24, 2023

• #8

Till tomorrow, I prefer to get cash from my products. Giving out credits always leads to heartaches for people. Some people would turn you to a bad person after getting goods on credit.

 

Magnus2022

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• Feb 24, 2023

• #9

Cash is better than credit. No business ever survive with credit . I have decided that I will not give any of my products on credit basis because most times, it normal ends with problem.