question archive Do you require some formal IOU from the buyer or do you just ask him or her to sign a receipt? How do you determine which customers are likely to pay their bills? How much credit are you prepared to extend to each customer? Do you play it safe by turning down any doubtful prospects? Or do you accept the risk of a few bad debts as part of the cost of building a large regular clientele?
Do you require some formal IOU from the buyer or do you just ask him or her to sign a receipt? How do you determine which customers are likely to pay their bills? How much credit are you prepared to extend to each customer? Do you play it safe by turning down any doubtful prospects? Or do you accept the risk of a few bad debts as part of the cost of building a large regular clientele?
Subject:AccountingPrice: Bought3
Do you require some formal IOU from the buyer or do you just ask him or her to sign a receipt?
How do you determine which customers are likely to pay their bills?
How much credit are you prepared to extend to each customer? Do you play it safe by turning down any doubtful prospects? Or do you accept the risk of a few bad debts as part of the cost of building a large regular clientele?
