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Showing posts from November, 2017

Family relations and business

Most times when starting a business, your family is the first set of customers which looks like a good thing until they use the "sibling" name to buy on credit. It's not intentional most times but they collect on credit and never pay back. This is the major ruin of businesses especially startups. Your capital turns up to repay the depts they owe you until it's all finished....it's never easy collecting your money back but you can from the on set set a standard for all business times....payment before service You should know when you are not able to give out charity for your business to run smoothly..