Do you know what's stealthily wreaking havoc on the lifespan of small businesses in Nepal? Before we delve into that, let's pause and consider a pervasive trend. Have you noticed the incessant rise and fall of new shops, restaurants, or other businesses in your locality, especially post-Covid? "Shutters available on rent" and "Shops on Sale" signs are alarmingly becoming the new normal.

The Invisible Threat to Businesses Large and Small: Credit Sales

Yes, you read it right! The silent killer undermining businesses of all sizes is none other than credit sales, or as we locally know it, उधारो. More critically, it’s the inefficiency in managing the collection of payments post-credit sales that can break a business. I've seen companies with turnovers exceeding Rs. 100 crore almost collapse due to poor management of receivables.

📉 The Harsh Reality of Credit Sales

While credit sales may appear to be unavoidable and potentially lucrative, they're a double-edged sword. Many businesses, particularly the smaller ones, grapple with recovering their dues, leading to severe cash flow problems and, in extreme cases, going under.

📊 What Do the Stats Say?

Though precise data is hard to come by, it's estimated that over 80% of small businesses in Nepal face challenges in credit recovery. Pending payments translate to missed investment opportunities and a chain reaction of delayed payments to suppliers and employees. This vicious cycle eventually contributes to an economic slowdown.

🌟 How Khatapana Can Help

Here at Khatapana खातापाना, we aim to resolve this pressing issue, particularly for small businesses. Here's how:

Unified Dashboard: We offer a unified dashboard to help you monitor all your receivables, payables, and overall financial health. Make data-driven decisions with real-time insights.

Automated Reminders: Never forget a collection date again. Our app sends automated reminders to your customers to ensure timely payment collection.

On-the-Go Accessibility: Khatapana is easily available anywhere, anytime. Manage your finances while you are on the move, right from your mobile device.

Coin-based Reward System: Make financial management not just essential but also rewarding. Earn coins for performing various tasks on the app and redeem them for exciting offers.

Free Consulting: Gain access to our free consulting services. Get expert advice on Business, Law, Tax, and Accounting-related queries.

So, don't let credit sales and poor payment collections be the silent killer of your business. Take the first step in reclaiming your financial peace by trying out Khatapana today!