Persuading one's customers to pay in cash is good, but persuading them to pay in advance is even better.

Question

Quizplus · Accepted Answer

When customers pay in advance, they reduce the risk of late or missed payments. This improves the cash flow of the business and reduces the need for collection efforts. It also increases the trust and loyalty between the business and the customer, as the customer shows commitment to the business by paying in advance.

Persuading One's Customers to Pay in Cash Is Good, but Persuading