He that sells upon Credit, expects to lose 5 per Cent. by bad Debts therefore he charges, on all he sells upon Credit, an Advance that shall make up that Deficiency.
More Quotes from Benjamin Franklin:
All would live long, but none would be old.Benjamin Franklin
You may delay, but time will not.
Benjamin Franklin
If a man empties his purse into his head, no man can take it away from him. An investment in knowledge always pays the best interest.
Benjamin Franklin
If you persuade, speak of interest, not reason.
Benjamin Franklin
They that are on their guard and appear ready to receive their adversaries, are in much less danger of being attacked than the supine, secure and negligent.
Benjamin Franklin
Then plough deep while sluggards sleep, and you shall have corn to sell and to keep
Benjamin Franklin
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