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Home» Questions»Q 185208
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Carpon
CarponExpert Mind
Asked: August 26, 20252025-08-26T15:08:37+00:00 2025-08-26T15:08:37+00:00In: Money & Business

How do I avoid giving goods on credit

I’m into business and people come from time to time asking for goods on credit

Sometimes they never pay back and it affects my business

How do I do about that

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5 Answers

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  1. Alhamdu
    Alhamdu Active Contributor
    2025-08-26T16:07:28+00:00Added an answer on August 26, 2025 at 4:07 pm

    First what is giving goods in credit it means giving your business products to people without payment at a moment and promising to pay when they have so in this kind of situation you don't want to give out goods on credit you just have to be straightforward you created the business yourself and so yRead more

    First what is giving goods in credit it means giving your business products to people without payment at a moment and promising to pay when they have so in this kind of situation you don’t want to give out goods on credit you just have to be straightforward you created the business yourself and so you take decision for your business you don’t have to hide anything from your customers you just have to be straightforward I know many people who are just straightfor they will tell you they don’t give out goods on credit so that is the character you need to have

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  2. Lash
    Lash Knowledge Seeker
    2025-08-26T16:40:51+00:00Added an answer on August 26, 2025 at 4:40 pm

    Giving goods on credit affect businesses and can lead to Total crash down and so it is necessary to avoid giving goods on credit. To avoid giving goods on credit you need to make up your mind and stick to that decision you can also explain to your customers how giving good on credit affects your busRead more

    Giving goods on credit affect businesses and can lead to Total crash down and so it is necessary to avoid giving goods on credit.
    To avoid giving goods on credit you need to make up your mind and stick to that decision you can also explain to your customers how giving good on credit affects your business and your decision to not give goods on credit and be bold to say it or your business will most likely crash

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  3. Lash
    Lash Knowledge Seeker
    2025-08-26T16:40:58+00:00Added an answer on August 26, 2025 at 4:40 pm

    Giving goods on credit affect businesses and can lead to Total crash down and so it is necessary to avoid giving goods on credit. To avoid giving goods on credit you need to make up your mind and stick to that decision you can also explain to your customers how giving good on credit affects your busRead more

    Giving goods on credit affect businesses and can lead to Total crash down and so it is necessary to avoid giving goods on credit.
    To avoid giving goods on credit you need to make up your mind and stick to that decision you can also explain to your customers how giving good on credit affects your business and your decision to not give goods on credit and be bold to say it or your business will most likely crash

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  4. De Mogul
    De Mogul Expert Mind A student
    2025-08-26T17:29:00+00:00Added an answer on August 26, 2025 at 5:29 pm

    Before you start any business you must know that some people must come to collecting some credit, which is why you should never be too friendly with anybody when it comes to your business because when they notice you are too friendly they take you for granted. When they come to buy something from yoRead more

    Before you start any business you must know that some people must come to collecting some credit, which is why you should never be too friendly with anybody when it comes to your business because when they notice you are too friendly they take you for granted.

    When they come to buy something from you no matter how familiar they are to you.

    should make a very good statement that you don’t sell on credit no matter how much pressure they put on you.

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  5. Inem
    Inem Knowledge Seeker
    2025-08-27T01:24:35+00:00Added an answer on August 27, 2025 at 1:24 am

    To avoid selling products on credit, you need to institute a "No Credit" policy that every customer should know about. For some businesses, they make it very clear from the point of negotiations for the order that they don't accept credit sales. For grocery kinds of business and other physical shopsRead more

    To avoid selling products on credit, you need to institute a “No Credit” policy that every customer should know about. For some businesses, they make it very clear from the point of negotiations for the order that they don’t accept credit sales. For grocery kinds of business and other physical shops, they crest their “No Credit” policy all over the walls of the shop. And also, he ready to politely turn down demands for credit sales from customers.

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