Is It Right To Use Your Vendors As A Bank?
From Dirty Secrets of Small Business · 23:18
Show by Adam Sonnhalter
One of the things nobody tells you about when starting a business is that you’ve unknowingly signed up to play the bank. Every time you provide credit to a customer you always risk having someone like Wimpy from Popeye who will promise you the world for that hamburger today! So knowing how it feels to have some customers ask you to play the bank, is it OK for you to do the same thing to them?
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