Post by Samson Abayomi Olubode (@abayomi4sam)

Avoid selling on credit.
And if you must sell on credit, add further interest to reflect loss of value for money.

Have a policy for
When you can sell on credit
Criteria customer will meet to receive goods in credit
The number of days by which the customer must pay
Maximum amount to sell to a customers on credit
Means to send reminder to customers for payment
Actions to take when customers fail to pay as and when due, etc.

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