Saturday, January 05, 2008

Signs to Avoid a Customer

Unless we deal with them on cash, here are some signs of customers that you would like to avoid in your business:
  • Check put on hold or being replaced
  • Building contractors who immediately buy luxury cars after receiving downpayment
  • Paying partial for every statement of account or choosing to pay smaller amount of invoices to be paid in a statment
  • Transferring from one supplier to another
  • Asking for immediate terms mode of payment for their first purchase
  • Banks with over draft issuance of checks
  • Business in existence for a long time, but bank account reference is still new

Do you have something to add? Or do you agree or not? Please share to us your experience.

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