#23: The Right Way to do Customer Deposits

Many people get this deceptively simple practice wrong, but it’s an easy fix. In this episode, Jared reads a recent article he wrote for our newly launched, Building Optimal Journal.

If you haven’t yet, be sure to check out our new articles, such as Bulletproofing Against Downturns.

Show Notes:

0:30 – The two most important reasons for customer deposits.
4:55 – The best way to do a customer deposit and the typical complicating factor.
11:12 – Less-than-ideal alternatives that the bank may accept.