Losing a customer that owes you money.

Bisolami · May 23, 2024

There is a customer of mine who comes to my shop to buy goods and when she’s done selling, she pays up to buy another one. For about three weeks now, she has not been consistent so my sister and I got wondering what could have gone wrong.

Luckily, there was a phone number written at the front of her shop so we decided to call the number yesterday and we heard that she was late. It was very painful and the amount she’s owing is a lot of money too.

I hope she rests in peace

Starmix · May 23, 2024

That was not good news, but just forget about what she owed you and move on.

Shavkat · May 23, 2024

I am sorry to hear this. In good faith, she cannot pay you back because of this reason.

cherry123 · May 23, 2024

This is a sad one but you just have to let go. But this is a painful one as you said it is a big sum.of money.

eldavis · May 23, 2024

This is why the best thing to do is to avoid giving out credits. Anything can happen at anytime .

King Belieal · May 23, 2024

You just have to take the loss and move on. It is one of the liabilities that we suffer as business people.

nomad · May 24, 2024

I do not sell to anyone that I do not recognize. If someone buys on credit I always make sure I know him well

Starmix · May 24, 2024

That's a regretful act if only, but if the amount is big why not talk to the family members and let them pay.

Bisolami · May 24, 2024

Anyone who buys on credit, I always make sure that I know them very well or even know their house before I can release my goods for them

nomad said:
I do not sell to anyone that I do not recognize. If someone buys on credit I always make sure I know him well

Stardom22 · Jun 17, 2024

Nowadays many people are not trustworthy. Customers that owe you money look for other ways to run away with your business money.

Bisolami · Jun 18, 2024

eldavis said:
This is why the best thing to do is to avoid giving out credits. Anything can happen at anytime .

You’re right about this but there are some people who deserves to buy credit
If someone patronizes you and buys goods of at least a hundred thousand naira in a week, won’t it look somehow when they want to buy on credit and you tell them no?

eldavis · Jun 19, 2024

Bisolami said:
You’re right about this but there are some people who deserves to buy credit
If someone patronizes you and buys goods of at least a hundred thousand naira in a week, won’t it look somehow when they want to buy on credit and you tell them no?

You are right though but it also depends. If from the very beginning they are aware that no credit is part of your policy and you are very strict about it. It would be difficult for them to come buy things on credit. Then again there are certain people I can give things on credit, but there is a limit to this.

Bisolami · Jun 19, 2024

eldavis said:
You are right though but it also depends. If from the very beginning they are aware that no credit is part of your policy and you are very strict about it. It would be difficult for them to come buy things on credit. Then again there are certain people I can give things on credit, but there is a limit to this.

You have a points, but I am sure that when you have your business, you are still going to have another thought about this

Stardom22 · Jun 19, 2024

That is a very tough experience any business manager wouldn't like to found themselves in.

eldavis · Jun 20, 2024

Bisolami said:
You have a points, but I am sure that when you have your business, you are still going to have another thought about this

I already have a small business I am running, and it is still the same thing. I do not give out credit. I have doñe this before and most of them refused to pay. There are a few persons I can allow credit but there is a limit as well. I can only give out credit to these persons with small amounts. Amount that if I loose in the end i will be okay with.

Bisolami · Jun 20, 2024

eldavis said:
I already have a small business I am running, and it is still the same thing. I do not give out credit. I have doñe this before and most of them refused to pay. There are a few persons I can allow credit but there is a limit as well. I can only give out credit to these persons with small amounts. Amount that if I loose in the end i will be okay with.

This is a very good standard that you have set for yourself and I think I’ll try to make it of this method and I hope I succeed

eldavis · Jun 21, 2024

Bisolami said:
This is a very good standard that you have set for yourself and I think I’ll try to make it of this method and I hope I succeed

Yes there should be a limit cause there have been times where even does I trusted ended up not paying me. So it's better I give out something I know if Iose in the end won't affect me

Stardom22 · Sep 22, 2024

That is very disheartening to loose such a person is like loosing a very precious metal.

Shavkat · Sep 22, 2024

Stardom22 said:
That is very disheartening to loose such a person is like loosing a very precious metal.

It is sad to say that it happened like this. When we still have the family business, we lost our loyal clients as we closed down the business for good.

Rubz · Sep 22, 2024

This is a very sad news to here. I hope her soul will rest in peace. Anyways, nothing can be done when a customer who owes one money dies. One just have to forget about the money.

Losing a customer that owes you money.

Very Familiar

Popular

Very Familiar

Popular

Very Familiar

Notable

Very Familiar

Popular

Very Familiar

Very Familiar

Very Familiar

Very Familiar

Very Familiar

Very Familiar

Very Familiar

Very Familiar

Very Familiar

Very Familiar

Very Familiar

Notable