Is it possible to operate a business without giving credit to customers?

[Heatman]

Yes it possible to operate a business without giving credit to customers. I don't even like the idea at all. This can lead to a lot of things. It can even cause the business to close down

I also feel the same way about offering credit service in my business because it will always affect the growth of your business. Why? It's because some people will never pay.

 

[uptrendfinancialsignal]

It's very good to give credit to the customers because they are the end users of the product.

 

[cherry123]

Yes it is possible to do business without selling on credit. I personally wouldn't want to do business on credit customers need to know this and keep to the rules.

 

[Stardom22]

I can say that is very much possible because there are so many businesses that operate that way in country and they thrive so much to speak.

 

[nomad]

Your sales might be low but I believe it is absolutely possible to operate a business successfully without selling on credit.

 

[Bisolami]

Your sales might be low but I believe it is absolutely possible to operate a business successfully without selling on credit.

Wow I hope to give this a try but it will be very hard especially because of the community where I live in. A lot of people buy on credit

 

[King Belieal]

The thing is that when you give at least one person credit, you have opened that up for your business. If you are stern and people know you for no credit, they would align and still patronize you heavily.

 

[Ratine]

I think it's very possible to operate the business with the selling on cash basis.

 

[Etini Willie]

I run a service business though and I won't start working for you if all my fees are not paid.

 

[Starmix]

My business is a no -credit business. You can of course operate a business without giving credit to customers.

 

[timewo]

There are a large number of shops which clearly specify that they will not give credit to the customers, they only accept cash or other payment methods.

 

[Ratine]

I too agree with that. It's very possible and l have really witnessed to so many of them.

 

[Min George]

It all depends on how a business is set up from the start that would determine if you would completely stay off credit sales.

 

[IB D]

People operate businesses with no credit. There are grocery shops that I know that can't give credits.

 

[freelancermaria]

There are many successful businesses that do not offer credit. It is essential to provide receipts to your customers.