6. Dinheiro ou cartão?
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6. Dinheiro ou cartão?

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  • Nota de Estudos
  • Rever Tópicos
    Tashika B.
    US
    Tashika B.

    Where a small business relies on a larger firm for the bulk of it work and has to wait for payment then, if that firm defaults, the smaller firm may fid itself in dire circumstances.

    BabaJide Martins F.
    TR
    BabaJide Martins F.

    If a business runs on credit system,it has to provide structures of payment to keep the business going. There are pros and cons in credit system likewise to cash system. One of the pros of credit, there will be lots of customers and in cash system there will be fewer customers but the cash will be there for the owner whereas the con of credit, the capital will be tie down.

    Alice B.
    GQ
    Alice B.

    This means it is more advantageous to sell goods for cash purposes instead of credit as it involves more risks selling for credit.

    Morne V.
    ZA
    Morne V.

    Where a small business relies on a larger firm for the bulk of its work and has to wait for payment then, if that firm defaults, the smaller firm may find itself in dire circumstances

    Sunday O.
    NG
    Sunday O.

    proper balancing of the business

    Odongo M.
    UG
    Odongo M.

    Accounting -> 6. Cash or credit? 6. Cash or credit? Firms supplying goods or services on credit naturally take a greater risk than those 'selling' for cash. The temptation to increase sales or fees by offering credit may well be at the cost of supplying to unreliable or slow payers. Costs incurred in collecting debts may well exceed the benefit of additional sales, they may also lead to the downfall of your business. Some examples of debt collection costs include: discount interest expense on money borrowed whilst waiting for debts to be settled legal expenses invoicing costs bad debts Where a small business relies on a larger firm for the bulk of its work and has to wait for payment then, if that firm defaults, the smaller firm may find itself in dire circumstances.

    Manish K.
    NP
    Manish K.

    In fact, if credit sales are more than cash sales, then there may be high risks of failure of enterprise.

    Penelope M.
    US
    Penelope M.

    now this statement is infactually true, becuase selling with cash only there is not risk, either you have the cash or not, but , with credit , means it is not a guarantee that you will recover funds.

    Adil N.
    MA
    Adil N.

    Yholw munch risk is involved with ning a small business?

    Gloria N.
    AE
    Gloria N.

    ok

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