. The American florist : a weekly journal for the trade. Floriculture; Florists. i888. The American Florist. 159. OOUBLt UUUW ^URM'JU. discount for casb, saving frcm 20 to 50 per cent per annum in interest. Perhaps you hadn't thought of it in this lignt before. But, you say: "I don't always pay these bills when the usual credit has ex- pired. I let them run three or four months, sometimes longer, and so I wouldn't save so much interest by going to the ; Ah ! But is that honor- able? If a bill is due November i accord- ing to the terms of sale and you permit it to run till March
. The American florist : a weekly journal for the trade. Floriculture; Florists. i888. The American Florist. 159. OOUBLt UUUW ^URM'JU. discount for casb, saving frcm 20 to 50 per cent per annum in interest. Perhaps you hadn't thought of it in this lignt before. But, you say: "I don't always pay these bills when the usual credit has ex- pired. I let them run three or four months, sometimes longer, and so I wouldn't save so much interest by going to the ; Ah ! But is that honor- able? If a bill is due November i accord- ing to the terms of sale and you permit it to run till March i, you are withhold- ing from some one money that belongs to them, not to you. You have practi- cally dishonored a note when due. In addition to this how about your future credit with that house ? Will they be as anxious for your orders as they would if you paid promptly ? Will they make you as close fig II rrs as Ihey would if they felt assured that payment would follow promptly when due? There can be but one answer to both these questions. Be careful about giving long credits in your own business. Recklessness in regard to these matters has been the ruin of many a bunness man. The greatest fallacy of all is the policy described in the remark quite frequently made : " If I could get what is due me from that man I would never give him another dollar's credit, but if I stop selling liim now I would lose all I have on the books against ; This is the lieiglil of folly. When this stage is reached cliop it right off short anil waste no time in getting in your claim while there is yet hope. Let some other fool carry mea of that kind. Don't let any account run over months without a settlement. Get a note if you can't get cash. The wholesale houses who give long credits to irresponsible parties do the whole trade a great injury. It is really surprising after each smash up of one of these brilliant but irresponsible parties to find how many houses have been cajoled in
Size: 1678px × 1489px
Photo credit: © Library Book Collection / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, bookdecade1880, booksubjectfloriculture, bookyea
