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What Credit policy requirements for athletic pharmacy-supply store Credit policies If you plan to sell to customers on credit, explain: Whether this is typical in

What Credit policy requirements for athletic pharmacy-supply store

Credit policies

If you plan to sell to customers on credit, explain:

  • Whether this is typical in your industry (do customers expect it)?
  • What your credit policies will be. How much credit will you extend? What are the criteria for extending credit?
  • How will you check new customers' creditworthiness?
  • What credit terms will you offer?
  • Detail how much it will cost you to offer credit, and show that you've built these costs into your pricing structure.
  • How will you handle slow-paying customers? Explain your policies, such as when you will follow up on late payments, and when you will get an attorney or collections agency involved.

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