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#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.