Types of Credit

For this assignment, pretend that you are a business owner, either in the product or service industry, who need to make a decision on the types of credit you wish to offer to your customers. You will write an essay comparing two types of business credit. Your essay should be a minimum of 500 words. Follow the steps below to complete this assignment:

• Select two types of business credits and conduct research on them.
• Describe in detail the advantage and disadvantages of your selected credit types. You MUST create a chart showing the advantages and disadvantages of each type of credit type.
• Explain the rationale of your decision and how your selected credit types will fit in your industry.
• Include in your essay, your answer for the following question – “If you can only offer one type of credit for your business, what would it be and why?
• Follow APA guidelines for citing your sources and references..