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I find offering discounts works extremely well. You write 2/10, net 30 and almost all customers will pay in 10 days.
by cowsandmilk 13y ago
I find offering discounts works extremely well. You write 2/10, net 30 and almost all customers will pay in 10 days.
- mirkules 13y agoWhat does that mean? Someone else above wrote "5% net 7" also and I have no idea how to interpret this.
- freehunter 13y ago"2/10 net 30" mean you need to pay within 30 days, but if you pay within 10 days you'll get a 2% discount. It's called trade credit if you are interested and would like a place to start your research.
- rhizome 13y agoAh, that's different than how it was explained to me. Thanks!
- asmithmd1 13y agoOr they will pay in 45-60 days and take the discount anyway.
- illuminate 13y agoI find that more likely.