Broke Entrepreneurship: Understanding the net 30 payment terms
Update: 2022-03-14
Description
Recent payment delays has got me rethinking my payment terms, I am writing this a broke frustrated entrepreneur working in Nairobi. I was introduced to net 30/45 payment terms when I started working with corporate organisations, but I am just realising that this form of payment does not work for my business. The question I will answering in this episode are: 1. What is Net 30? 2. What is a trade credit? 3. Is your business qualified to use the Net 30 terms? 4. The advantages and disadvantages of Net 30 terms. I hope by sharing my personal experiences as a small business owner, you can learn and we can have a discussion about payments & payment terms. You can support my podcast by 1. Rating my podcast 🌟🌟🌟🌟 2. Following my social media pages Instagram: @mnl_podcast LinkedIn: My Basic Life Podcast TikTok: @mbl_podcast Music by: Wataboi from Pixabay, Quality Online Media from Pixabay. #smallbusinesslife #paymenow #2021review #kenyansmallbusiness #womeninbusinesskenya #kenyan #smallbusinesscontent #paymentprocesses #mybasiclifepodcast #kenyanpodcast #kenyanpodcaster #spotifykenya
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