What do you think about the selling on credit?

[Stardom22]

For me l think that the selling on the credit basis is really like to kill most small businesses in my country. I bet the selling on credit is like a suicide and that has led to the failure of many businesses.

 

[Springtime]

Selling on credit is risky. Small businesses cannot afford to take this risk. Advance payment or cash on delivery is the way to go.

 

[eLdavis]

Selling on credit is not a good idea, it can destroy your business if care is not taken. Some persons are just so wicked that they won't pay what they owe.

 

[Min George]

Credit sales in business should be only to a few select customers that are deserving based on their pedigree of being trustworthy to pay subsequently.

 

[Kera]

I think businesses should know when they sell on credit as credit sales at a certain point can harm the business.