A sale is only a sale once payment is made

By Loren Webb · 7 June 2019 · Cashflow

A sale is only a sale once payment is made

The Hidden Cost of Doing Business

You're giving away free money to your customers, but are you getting something in return? Discover the surprising truth about credit terms and how they're affecting your bottom line.

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Summary

Most businesses trade on credit terms with their customers, letting them purchase as they need and pay later. This can be a great way for businesses to build their customer base and gain more work or sales, since customers will often buy more if they don’t have to pay immediately. However, extending credit to customers, […]

Tags: Business, Businesses, Cashflow, Credit, credit score, customers, pay later, Small Business