Up Front Payment Economy

As we move forward through the recent economic gloom, a conversation with the brother on law developed an interesting conclusion.

We discussed paying for goods and how in his business up front payment had become the norm. He’s a mechanic.

I wonder if all the service industries went the same way, whether we would see an improvement in all aspects of business.

Working without fear of non payment, being clear on the costs and able to invest in your business rather than chasing outstanding payments.

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