How can irrevocable debt be stopped in a business

[Heatman]

Businesses sell alot on credit which isn't bad but the problem is always that of bad debt. You can't recover the debt. How can this be stopped

If you don't count down the amount of goods which you sell on credit to your customers, it is always going to affect your business in a very negative way because some customers will never pay you what they owe.

 

[Stardom22]

For me I think that in order for you to stop the bad debts in the business, you must stop by selling your products in a strickly no selling in credit here.

 

[cherry123]

Yeah we need to normalise cutting down the amount of goods which we sell on credit to your customers, if not it will continue to affect your business and make us have bad debt

 

[Reedex]

A debt could be stoppes in a business if you stop taking loans that you cannot repay.

 

[cherry123]

bad debt comes from too much debt so it will be good to reduce the credit sales because the more less payment the more the debt piles up to become bad debt