. Florists' review [microform]. Floriculture. |iiiiiiiii'jsiiiiiiii|r .fLOMsrs j'^^jplgg^llllllllllll^^ -^«^-jm!ii!!ivRBVIEW> 7iim><Mwrmiiiiiiiiiiiiiiiiiiiniiiiiiiif ^ TTiiTftWiirillin CUTTING DOWN CREDIT LOSSES I pntrnrgj^nni^ Persistence and much pains have enabled some retail florists to cut MJiL. down the accounts past due and the losses from had debts to fioitrcs that may be regarded as reasonable. The many ivho have not will find in this article guidance how to follow their example. ytillirillfff. ULLY as important a mat- tor as selling the flowers is collecting the money for th
. Florists' review [microform]. Floriculture. |iiiiiiiii'jsiiiiiiii|r .fLOMsrs j'^^jplgg^llllllllllll^^ -^«^-jm!ii!!ivRBVIEW> 7iim><Mwrmiiiiiiiiiiiiiiiiiiiniiiiiiiif ^ TTiiTftWiirillin CUTTING DOWN CREDIT LOSSES I pntrnrgj^nni^ Persistence and much pains have enabled some retail florists to cut MJiL. down the accounts past due and the losses from had debts to fioitrcs that may be regarded as reasonable. The many ivho have not will find in this article guidance how to follow their example. ytillirillfff. ULLY as important a mat- tor as selling the flowers is collecting the money for them. The total of sales made during the course of a year is not so consequen- tial as the money actually received. The bills pay- able cannot be met with accounts on the books, nor can profits be paid out of money that is still due. To the florist the matter of credit and collections is of high impor- tance because the nature of tlie business demands that accounts be carried for a large proportion of his customers. The percentage varies with the class of trade to which he caters and the location ot his shop. Few florists who have shops do less than fifty per cent of their business on credit. The "cash and carry" idea has not spread to this line of business, save as it is exemplified in the street peddlers and corner flower stands. the florist's wishes and Judgment, it follows that the success of his business depends in good measure upon the dis- cretion he exercises. To grant credit to Tom, Dick and Harry is courting disaster. On the other hand, to refuse credit altogether is seriously restricting one's business in volume and in charac- ter. The middle course to be pursued calls for the exercise of a ])olicv that ie(iuires some elasticity. Basis of Credit. Some florists, though not a great many, exact references or a credit rat- ing before they extend credit to a cus- How Much Credit? The largest cash ami smallest credit business, of course, is done by the "popul
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Keywords: ., bookcentury1900, bookdecad, booksubjectfloriculture, bookyear1912
