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How Can I Stop Debtors From Coming To My Shop? - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / How Can I Stop Debtors From Coming To My Shop? (12883 Views)

Is It Possible For Her To Lay Claim On My Shop / How Do I Get My Money From Debtors Without Involving The Police? / Share Your Experience Collecting Your Money Back From Your Debtors (2) (3) (4)

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Re: How Can I Stop Debtors From Coming To My Shop? by highness25(m): 3:13pm On May 18
Kobicove:
Put up a sign that says "No credit today, come tomorrow" grin

People still de read those things?
Re: How Can I Stop Debtors From Coming To My Shop? by 1000Capacity: 3:14pm On May 18
Sell everything on credit. That way, They won't come again
Re: How Can I Stop Debtors From Coming To My Shop? by Yashita: 3:14pm On May 18
Kirchoffs:
I don't know why nairalanders keep commenting on this guy's thread, dude is a chronic attention seeker going by over 203 topics he has to his name. Always making foolish topics to generate stupid talks

Does this really matter?๐Ÿ˜’

If a topic is educative and conversational why not create it?

He's still better than you that has nothing upstairs ๐Ÿง  to share to the world. Ozuor๐Ÿ™„

2 Likes

Re: How Can I Stop Debtors From Coming To My Shop? by Justnation: 3:16pm On May 18
Stop owning debt
Re: How Can I Stop Debtors From Coming To My Shop? by ChybuzzDD(m): 3:16pm On May 18
Kirchoffs:
I don't know why nairalanders keep commenting on this guy's thread, dude is a chronic attention seeker going by over 203 topics he has to his name. Always making foolish topics to generate stupid talks

His topics, as shown in the attached picture, are not entirely ''foolish'' as you alleged.

Take it easy nau

2 Likes

Re: How Can I Stop Debtors From Coming To My Shop? by Oneday82: 3:17pm On May 18
You see this things called Karma? It's not your mate. I will suggest you reflect back in the past how you started.

I strongly believe your past is hurting you now. Maybe you were once the Chairman of Nigeria Debtors Association before now.

You can't end, but live with it. But the most fastest easy way is to close down and rest.
Re: How Can I Stop Debtors From Coming To My Shop? by Localgrandpa: 3:18pm On May 18
RoyalUc:
By paying them what you owe them

No lie u no read watin the person write
Re: How Can I Stop Debtors From Coming To My Shop? by Yashita: 3:19pm On May 18
Testiebobo:
I'm a retailer of foodstuffs which is a combination of raw foods and manufactured products. But due to this harsh economy, some of my regular customers are already misusing the opportunity of paying back later. Some of them even goes to extence of lieing they'hv forgotten they were oweing me. And you know that if i dont sell those products regularly especially raw foods, i will be at lost. Because i will sell it cheaper to people not knowing it as already increase in price at the market. What do i do? How do i discourage debtors from coming near my shop?
Business genius in the forum!

OP, that's why we see most businesses get a little expansion and employ staff who collects money, gives a receipt before releasing goods. Though you spend salaries and incentives but at the end of day, there'd be nothing like credit/debt on the goods that you didn't buy on credits/debts from your supplier.
Re: How Can I Stop Debtors From Coming To My Shop? by Enemyofpeace: 3:19pm On May 18
DM make I tell you the book of Psalm wey you go read for water to take wet your shop
Re: How Can I Stop Debtors From Coming To My Shop? by ProjectsCityNG: 3:22pm On May 18
Sonnobax15:
lipsrsealed
Typical Nigerians....

Well, I'm not surprised at all..

If people can barb their hair on credit,why won't they buy food stuffs on credit? cheesy

Op, sometime,if you don't hold your ground,there are lots of people out there who are ready to run your business down.......

Funny enough,na the same people wey run you down go still go talk for your back say you no sabi trade market grin

Omoh,you better dey wicked for this life,if not,na sorry go steadily dey be your name..



This meme deserves a Nobel Prize ?
Re: How Can I Stop Debtors From Coming To My Shop? by kerry57: 3:23pm On May 18
Bro it's not possible, most Nigerians at this time depends on credit
Re: How Can I Stop Debtors From Coming To My Shop? by Prince1759(m): 3:26pm On May 18
No fear to tell them.
Credit no dey be say E no dey,open mouth tell them.
Those kind of people if them get the cash for hand na someone else them go patronize.
"CUSTOMER WEY BE YOUR OWN BE YOUR OWN"

1 Like

Re: How Can I Stop Debtors From Coming To My Shop? by id4sho(m): 3:28pm On May 18
Oneday82:
You see this things called Karma? It's not your mate. I will suggest you reflect back in the past how you started.

I strongly believe your past is hurting you now. Maybe you were once the Chairman of Nigeria Debtors Association before now.

You can't end, but live with it. But the most fastest easy way is to close down and rest.
Till 419ners collect your goods and relocate forever ๐Ÿ˜ณ ๐Ÿ˜ณ๐Ÿ˜ณ. I know a distributor of soya oil that was duped. I rather supply without adding a Kobo just to help you grow than give on debt๐Ÿ’ฏ.

My friend had to go to a super market and pick groceries as the owner was not willing to pay up. Crazy people everywhere

1 Like

Re: How Can I Stop Debtors From Coming To My Shop? by femi4: 3:29pm On May 18
Testiebobo:
I'm a retailer of foodstuffs which is a combination of raw foods and manufactured products. But due to this harsh economy, some of my regular customers are already misusing the opportunity of paying back later. Some of them even goes to extence of lieing they'hv forgotten they were oweing me. And you know that if i dont sell those products regularly especially raw foods, i will be at lost. Because i will sell it cheaper to people not knowing it as already increase in price at the market. What do i do? How do i discourage debtors from coming near my shop?
Business genius in the forum!
Get a cardboard and write the below boldly on it:

NO CREDIT TODAY, COME TOMORROW

2 Likes

Re: How Can I Stop Debtors From Coming To My Shop? by Artist002(m): 3:32pm On May 18
Nazgul:
1. Stop laughing and gisting with anyone who comes into your shop. Just greet them, ask them what they want, give them and take your money. Limit unnecessary gists. Cos if you keep laughing with them, they would take advantage of your friendly nature and wait for you to package the items they requested for inside a nylon before telling you that they'll pay you on Monday.

2. Let them know that things are hard. With the current situation in the country, if you keep on being soft on customers, they'll take advantage of you. Even if they have money, they'll stii buy on credit so that they won't pay. That's how wicked some people can be. Stand your ground and respectfully decline their request to buy on credit. Remind them of the economy. It's better for your provisions to be in your shop, than for customers to buy them on credit and weeks later they still haven't paid you back.

3. Place a notice that reads "Pay before Service" or "No Credit Today Come Tomorrow"

4. Reduce the way you relate with people in the neighborhood were your shop is located. The more popular you make yourself, the more you'll have jobless people lurking around you shop begging for credit which they won't pay back.

Excessive credit kills business. So if you don't want your business to collapse stop giving out things on credit.

Eggactly, you are gbamsolutly right

2 Likes

Re: How Can I Stop Debtors From Coming To My Shop? by Faposky95: 3:32pm On May 18
Sonnobax15:
lipsrsealed
Typical Nigerians....

Well, I'm not surprised at all..

If people can barb their hair on credit,why won't they buy food stuffs on credit? cheesy

Op, sometime,if you don't hold your ground,there are lots of people out there who are ready to run your business down.......

Funny enough,na the same people wey run you down go still go talk for your back say you no sabi trade market grin

Omoh,you better dey wicked for this life,if not,na sorry go steadily dey be your name..

O boi....barb hair on credit....savage
Re: How Can I Stop Debtors From Coming To My Shop? by Theoarhics: 3:32pm On May 18
Put white and red cloth and write" debtors not allowed here, enter or you die".
Re: How Can I Stop Debtors From Coming To My Shop? by RoyalUc(m): 3:34pm On May 18
Localgrandpa:


No lie u no read watin the person write

grin
Re: How Can I Stop Debtors From Coming To My Shop? by Chachamiliano: 3:38pm On May 18
Testiebobo:
I'm a retailer of foodstuffs which is a combination of raw foods and manufactured products. But due to this harsh economy, some of my regular customers are already misusing the opportunity of paying back later. Some of them even goes to extence of lieing they'hv forgotten they were oweing me. And you know that if i dont sell those products regularly especially raw foods, i will be at lost. Because i will sell it cheaper to people not knowing it as already increase in price at the market. What do i do? How do i discourage debtors from coming near my shop?
Business genius in the forum!

Well done ma. The first problem you are currently facing is FEAR. Trust me as far as it's FMCG related product, you will sell. Do not be scared of losing customers. Do not forget that credit sales is no sell.

You need to put your foot on the ground and demand that your business is cash and carry. The more you sell credit, the more you expose your business to loss. You cannot stop them from buying from you. You can only demand your cash from them.

1 Like

Re: How Can I Stop Debtors From Coming To My Shop? by treatise: 3:40pm On May 18
Testiebobo:
I'm a retailer of foodstuffs which is a combination of raw foods and manufactured products. But due to this harsh economy, some of my regular customers are already misusing the opportunity of paying back later. Some of them even goes to extence of lieing they'hv forgotten they were oweing me. And you know that if i dont sell those products regularly especially raw foods, i will be at lost. Because i will sell it cheaper to people not knowing it as already increase in price at the market. What do i do? How do i discourage debtors from coming near my shop?
Business genius in the forum!
JAPPA
Re: How Can I Stop Debtors From Coming To My Shop? by Ubdavis(m): 3:43pm On May 18
U have to stop selling
Re: How Can I Stop Debtors From Coming To My Shop? by OneCandleAway(f): 3:44pm On May 18
FreeStuffsNG:

There's another one that requires you to bring your ancestors before you can buy on credit

That one is " CREDIT WILL ONLY BE GIVEN TO YOU IF YOU ARE 80 YEARS AND ABOVE AND YOU MUST COME WITH YOUR FATHER AND MOTHER"

4 Likes

Re: How Can I Stop Debtors From Coming To My Shop? by jimakeabi: 3:44pm On May 18
You close the shop
Re: How Can I Stop Debtors From Coming To My Shop? by Kevineleven(m): 3:45pm On May 18
GloriousGbola:
hard face

it is what it is
Hard face is not good for biznes

3 Likes

Re: How Can I Stop Debtors From Coming To My Shop? by dominique(f): 3:48pm On May 18
Kirchoffs:
I don't know why nairalanders keep commenting on this guy's thread, dude is a chronic attention seeker going by over 203 topics he has to his name. Always making foolish topics to generate stupid talks

He may be attention seeking but he's asking valid questions that will get replies others might find useful. Nothing wrong with that

4 Likes

Re: How Can I Stop Debtors From Coming To My Shop? by Ulogwe1: 3:48pm On May 18
Psalm 37:21.

He that borrow and pay not is a WICKED person. God and pay them.
Re: How Can I Stop Debtors From Coming To My Shop? by Odidigboigbo(m): 3:51pm On May 18
2aces:
Diversify your market instead of sitting in one place waiting for the debtors to come patronize you before you sell, nowadays you can sell anything online.
You can as well patronize a storage like cold room if you are into live stock, or seek for a processing plant near you if your perishables is plant base.
Also join associations that sell to exporters or rather get my course on mini exportation and earn foreign currency in return.
So if he diversified, debtors will not own him anymore? Sometimes someone of us sound so knowledgeable but irrational and illogical.

4 Likes

Re: How Can I Stop Debtors From Coming To My Shop? by tiswell(m): 3:56pm On May 18
No biz without credit, don't fool yasef
Re: How Can I Stop Debtors From Coming To My Shop? by seborrhic: 4:00pm On May 18
2aces:
Diversify your market instead of sitting in one place waiting for the debtors to come patronize you before you sell, nowadays you can sell anything online.
You can as well patronize a storage like cold room if you are into live stock, or seek for a processing plant near you if your perishables is plant base.
Also join associations that sell to exporters or rather get my course on mini exportation and earn foreign currency in return.
Rubbish!
Do this,do that,join exporters etc.
Even big time farmers and produce marketers cannot export their products,it's someone running a shop business you are telling.
Even all these online marketing some people are raving about,some sustain big time losses.
Advice him on his present predicament not all these useless textbook business ideas.
**I didn't even read the last paragraph of your rubbish,would have known,it's one person advertising one theoretical business's idea or book.

4 Likes

Re: How Can I Stop Debtors From Coming To My Shop? by 89green: 4:01pm On May 18
MaziObinnaokija:
sad E nor HARD.Go buy that sticker with NO CREDIT TODAY,COME TOMORROW. 2,CREDIT CAN ONLY BE GIVING IF U COME WITH YOUR 100 YEARS OKD FATHER. 3,Get yo wife to sell for them

U are wicked

grin grin
How about those wey no go skool, how will they read
Re: How Can I Stop Debtors From Coming To My Shop? by Yankee101: 4:02pm On May 18
Creditors?

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