One of the risks that a new business owner has to take is having customers who pay late or who never pay. It is inevitable. In fact, the U.S. Small Business Administration reports 75 percent of businesses have customers who either pay their bills late or never attempt to pay. This scenario is the leading cause of bankruptcy among small businesses. You will be surprised that what is happening at Wall Street or Main Street has no bearing, sometimes, on how small businesses perform. The uncollected debt is the primary culprit.

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In a previous post, I wrote about reading books. Incidentally, here I will be talking about selling your books. I told you, I read a lot. Most of the books I purchased in recent years were not actually brand new. I bought these from online auctions and second hand bookstores. It’s cheaper. Besides, I am after the content.

Some of these books are paperback novels and graduate study textbooks, of which after use or reading take up space in my bookshelves. These books could be considered space waster in my home office but would be a real treasure to some out there. So, why not sell them. A few bucks would be a lot in times like these.

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