Buying on credit at the corner store: How to do it...
Selling on credit is one of the problems that can lead your small grocery store (business) to bankruptcy, since your customer comes to you more often than to the big supermarket in the city, so they feel comfortable enough to ask for things that the big supermarket doesn't offer on credit. To avoid this, I adopted some daily measures to prevent it from happening so often, or at least not as frequently as it would naturally occur in neighborhood businesses.
Who hasn't been through this, right? And if you refuse, you're the villain of the story. The problem is that most people pay on time, but nobody knows who will pay or not, so you end up giving credit to everyone, and eventually, the person you least expect defaults (fails to pay). To avoid this, you end up refusing credit to everyone who asks. This way, you avoid losses on one side, but on the other, you lose the customer you refused. They end up badmouthing you and buying from your competitor. The worst part is that they don't tell you the real reason for not buying from you (but you know it's because you didn't give them credit). But to avoid losing the customer when this happens, I made a video explaining how I resolved this situation.
Watch it and I hope you like it.
To learn more about the "My Market from Zero" course, click the link below:
https://pay.hotmart.com/S24729111S?ch...