I'll be hitting the phones starting next week and I wanted to know the mechanical process for getting paid on a sale closure. There's a lot of info and I'm curious what has worked for you and what pitfalls to avoid
Say I'm selling widget X as the manufacturer to Customer Y.
Customer Y is ready to buy.
Do you take card info over the phone?
Send them an invoice? Wait for a purchase order?
Once the initial paperwork is done, when do you actually request payment? Is it net 30 days? Immediately?
Background:
My biz manufactures products and sells them to businesses that resell them at a markup.
What is the typical or ideal process (The mechanics) to move from ''yes let's do business" to product to the customer and money in your account?
Say I'm selling widget X as the manufacturer to Customer Y.
Customer Y is ready to buy.
Do you take card info over the phone?
Send them an invoice? Wait for a purchase order?
Once the initial paperwork is done, when do you actually request payment? Is it net 30 days? Immediately?
Background:
My biz manufactures products and sells them to businesses that resell them at a markup.
What is the typical or ideal process (The mechanics) to move from ''yes let's do business" to product to the customer and money in your account?
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