SBP 057: Should You Sell On Credit To Your Customers?

The Activator HQ Podcast (formerly The Smallstarter Business Podcast)

Contenido proporcionado por John-Paul Iwuoha. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente John-Paul Iwuoha o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

3y ago 35:34

MP3•Episodio en casa

Should you give credit to your customers?

I was training a group of entrepreneurs recently when this question came up.

Credit is a very divisive topic for business owners.

Some entrepreneurs love giving credit because it has helped to build their businesses.

Some have lost money to customers who never paid back.

And some others have a strong policy against giving credit to customers.

Credit is a double-edged sword.

If you manage it well, it can help to significantly boost sales and customer retention.

But if you don’t manage it well, you could end up with a lot of unpaid debts.

So, how should you make the decision to give (or not to give) credit to your customers?

That’s exactly what you’re going to learn in today’s lesson.

What you’re about to learn could make a big difference in how you run your business.

101 episodios

#Entrepreneur #Business #Entrepreneurship #Smallstarter #Africa #To JohnPaul Iwuohas #John Paul