Is it good to introduce credit sales to a business

[cherry123]

what do you think about a business owner selling on credit.one benefit is that it will bring in more customers. but do you think it will help the business in the long run? what's your thoughts credit sales?

 

[Hate2Wait]

It's fine but it's quite hard to recover money from some people

 

[cherry123]

It's fine but it's quite hard to recover money from some people

yeah, this is where the problem lies retrieving your money it's a good ways to get good amount of customers. But some people scamming and will not pay you your money

 

[Reedex]

You're looking for a way that kills a business very fast ,then it will be allowing people to buy on credit from your stores. It could make your business crumble very quickly.

 

[cherry123]

Credit sales though it helps to make a business sell quickly should be done with caution. You need to apply wisdom.

 

[Shavkat]

I think it is fine if the owners of these credit cards are a good payer. There is no need to worry about. It has been one of the mode of payments available nowadays.

 

[flower]

I don't like introducing credit sales to my business because it kill business quickly.

 

[uptrendfinancialsignal]

I will never advise anyone to sell his goods on credit because it could crumble the business.

 

[Niyi Briggs]

Credit is not bad if the people you are dealing with are sincere. It only turns out bad when people are not sincere. I dog advise anyone to do credit sales.

 

[IB D]

Eben if a business owner wants to he doing credit sales, it should not be for everyone. I don't trust humans when it comes to debts and repayments. Some would want to exploit the seller.

 

[Springtime]

For a small business, it's better just to accept cash or debit card. For bigger businesses, it's common to accept credit card as a form of payment. People love to use credit card for cash back.

 

[SHAHID987]

In my view credit sale comes on neck, it causes too much problem because I had done it and I knows it, some people will take items from you on credit when you will tell them that you had to pay and sometime they turned annoyed sometime they sorry I had forgotten it, so in my view its better to not to make them habitual of credit.

 

[cherry123]

I don't think it will be a good thing to have a credit sales especially for a small business because a lot of people don't keep to their promise of payment

 

[eldavis]

Personally i would not really advice anyone to introduce credit to their business, most customers tend to abuse this in most cases and this could lead to losses in the business.