Hey all, My name is Chi-chi, and I'm a new member to the group. I've come across some of these group posts a couple of times and have found them helpful. I've also been looking at the idea of coworking for a while, and I am even writing a business plan for a coworking space. I've kind of come to a road block in terms of answering questions about having credit policies for members. It would be really great if I can get some insight as to what works with the following questions in regards to selling memberships to customers/members:
1) Do we plan to sell on credit? 2) Do we really need to sell on credit? Is it customary in your industry and expected by your clientele? 3) If yes, what policies will you have about who gets credit and how much? 4) How will you check the creditworthiness of new applicants? 5) What terms will you offer your customers; that is, how much credit and when is payment due? 6) Will you offer prompt payment discounts? (Hint: Do this only if it is usual and customary in your industry). 7) Do you know what it will cost you to extend credit? Have you built the costs into your prices? Sincerely, Chi-chi N. -- You received this message because you are subscribed to the Google Groups "Coworking" group. To unsubscribe from this group and stop receiving emails from it, send an email to coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.