Credit

Society Business and Career
1

Hi guys, there’s trend in markets mostly in Pakistan that you can obtain goods on credit and then pay them back on weekly, 2 weekly or monthly bases.. sometimes it takes longer than that and even got hectic to get your money back.. similarly foundries/steel mills runs on credit business too.. though some big companies like PSM, KSM or People Steel Mills dont do that, but they are already developed..

so, what to do to avoid this credit thingy?? how can you convince people to buy your product on cash when they’re already doing credit business with other companies?? clients cash out your credits by selling your product, so it seems difficult but there should be a way…

2

Re: Credit

anyone??

3

Re: Credit

  1. Sell your goods at cheapest rates.. which will attract customers, you can do that easily if you've just started your work, you'll have 1 year free of any tax, and in some cases 2 years, your lowest rates will be a plus point in competition.. coz sale/low-rates are always heart touching..

  2. Buying customers!!! though some will say it's a foul play, but it's business.. So the trick is to pay-off your client's debts offering them with cheapest rates and no interest.. this 3 in 1 package will definitely make them think...

  3. Maintain your products quality, dont ever compromise on the quality while offering cheapest rates, everyone wants good quality products with lowest rates... (cheez changi v howay te sasti v)..