Mike Michalowicz, author of The Toilet Paper Entrepreneur, on when and how business owners should offer credit to customers. His advice: Start with small amounts to build a history and reward good behavior, but also enforce penalties on late payers.
Mike Michalowicz, author of The Toilet Paper Entrepreneur, on when and how business owners should offer credit to customers. His advice: Start with small amounts to build a history and reward good behavior, but also enforce penalties on late payers.
