How do see the venture of selling on credit?
- Thread starter Stardom22
- Start date
Selling on credit can attract more customers to your business, as it allows them to make purchases without having to pay upfront. This can be especially appealing to customers who may not have the funds readily available but still want to buy your products or services.
It is fine if this option is given to a client. As long as this client is a good payer, there is no need to worry about. Although it is best to keep 50% of the total cost down, the other 50% will be paid through credit.
Selling on credit is not something that you should embed as a usual part of your business. It would run the business down.
