StageDebt - VII | Alive Total Raised$32.56M Last Raised$7.87M | 3 yrs ago About Simple Simple operates as a digital marketplace in the food service industry. The company provides an online platform for transactions and interactions between restaurants, distributors, and manufacturers. Its services...
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Bad Debt.The biggest drawback is the possibility that customers can’t pay you. When this happens,balances become bad debt, converting assets into liabilities. Cash Flow Deficiencies.While accounts receivable is considered a liquid asset, it’s not cash. Problems arise if too many customers pay ...
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when planning we always think we are right and overweight the best case scenarios. A method to detach from possible biases is by reasoning fromfirst principles. This involves breaking down problems to the most fundamental truth and then building solutions and decision-making from these indisputable ...
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Provide High Quality Customer Service Get Fed Up/Decide To Change Study Other Successful People Don’t Procrastinate Work Hard and Work Smart Be Patient Find Your Passion Solve Problems/Find Solutions Think Ahead/Practice Strategic Thinking Offer Sincere Praise and Appreciation Have Enthusiasm/Think Exci...
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Alternatively, a business could seek to boost its bottom line by spending less on customer service. Initially, this move may result in higher profits. However, over time, poorer customer service could lead customers to shop elsewhere. The key is to ensure that cost cuts don’t compromise the ...