How many percent of your goods can you sell on credit?

[Bisolami]

We all know that there is no way you will have a business and won’t sell on credit. We just have to be careful of those we are selling on credit to and they have to be people we know very well.

If I’m to sell on credit, the overall percentage of my goods that I can sell on credit is 7%.
Do you feel it is too much?

 

[nomad]

I cannot sell on credits, I might sell on credit once, but I would not sell on credit again to the same person until he clears the past due.

 

[Stardom22]

For me l can't sale on credit basis. I have come to realise that the selling on the credit basis really brings down business

 

[King Belieal]

I would sell just 5% on credit. When you sell a greater percentage on credit, how would you be able to restock?

 

[Sanjeev]

I don't have a business so don't sell. I think 7% is more you should make it below 5%.

 

[cherry123]

i I had plenty goods I could lend up to 20 percent of my products but I need to have more of it

 

[Etini Willie]

There are people that have businesses and they don't sell even a single product on credit. It depends on the orientation of the business person.

 

[cherry123]

Credit selling always depends on the owner of the business person.You need to always know whom to give your money to on credit

 

[stan358]

Selling your goods and products on credit would definitely collapse the business. The business must have a strong root before you consider giving them out on credit..

 

[Stardom22]

After being disappointed by so many people not repaying back, l no longer sell in credit basis

 

[eldavis]

None, I do not want to sell any of my products or render my services in credit. Till date I have people who are still owing me.

 

[Rubz]

I do not have a business of my own but if i do, i doubt there's a percentage of my goods i would sell on credit. I will try my best to avoid selling on credit.

 

[cherry123]

it would not be more than 30% because I don't like the idea of credit sales but we can't just do without it

 

[Stardom22]

For me l would sell on Strickly cash basis policy as selling on credit brings the business down

 

[Ratine]

Surely that depends on the type of the sellers one deals with. Most businesses don't sell on credit here.

 

[Passiveearner]

This may depend a lot on various factors. For example, the reliability of the customer plays a big role.

 

[Fidelia]

Products are not meant to be sold on credit. I don't sell any percentage of products on credit.