How long to wait for payment?

[1stfix2ndfix]

Yeah sure, I can pm him a copy.

Can I have one please MDJ

 

[dingledong]

And me Mike .my mate

 

[Geordie Spark]

Too busy trying to be nice.. The only extra wording on mine talks about a 1 year warranty!

I think I'll add 'payment to be made within '**' days!

Being "nice" does not put the food on you table but does get you a reputation for being a "soft touch" to be exploited by all and sundry!

And I can't believe that your terms were not made clear to your customer before the job started and you don't have them written large on your invoice!! :mad2:

 

[ibby]

This is one thing I hated when being self employed with my own computer business.. some people wanted to drag the term out to 3 months.

I am a strong believer if it works for a week pay the guy, he has bills and he has stomachs to feed!

 

[Geordie Spark]

I will :redface:


Ps... I did a Business Studies degree at 18... got a fairly good result.... cant remember a thing!

Too much of this ------> :sifone: perhaps??:biggrinjester:

 

[Octopus]

Being "nice" does not put the food on you table but does get you a reputation for being a "soft touch" to be exploited by all and sundry!

And I can't believe that your terms were not made clear to your customer before the job started and you don't have them written large on your invoice!! :mad2:

You can write what you want on your T's and C's but some customers will always pay when they want to.

This is why you need cash in the bank to cover such eventualities - about a months net profit should be enough

 

[Richard Burns]

This is why you need cash in the bank to cover such eventualities - about a months net profit should be enough

What, a fiver, I can manage that!:smilewinkgrin:

 

[Octopus]

What, a fiver, I can manage that!:smilewinkgrin:

ha ha, so you only pay yourself a fiver - wow!

 

[Richard Burns]

Only on good months

 

[Octopus]

Only on good months

Obviously......:6:

 

[Geordie Spark]

To add to this if you don't have a small works contract it's harder to win if the worst happens. I used to be shy about asking for payment, but not anymore, will Asda wait a week for you to pay for the shopping? naa and nor should you

To add a bit more to this; my bank manager never did house rewires and I never lent money!!

 

[Geordie Spark]

You can write what you want on your T's and C's but some customers will always pay when they want to.

This is why you need cash in the bank to cover such eventualities - about a months net profit should be enough

I am aware of that and is why I always had "plan B"

 

[Octopus]

I am aware of that and is why I always had "plan B"

I wrote this as there seem to be a lot of "dumb" SE people, who are very niave about this sort of thing!

 

[Geordie Spark]

I wrote this as there seem to be a lot of "dumb" SE people, who are very niave about this sort of thing!

Aye ..... there really is no hope for them is there?

 

[trev]

Being "nice" does not put the food on you table but does get you a reputation for being a "soft touch" to be exploited by all and sundry!

And I can't believe that your terms were not made clear to your customer before the job started and you don't have them written large on your invoice!! :mad2:

Invoices are post contractual Fatha.

 

[Geordie Spark]

Invoices are post contractual Fatha.

Diven't ye gan usin'yer big fancy words on me ye little upsatart just cos ye went te gramma skyule an aah didn't or aall skelp yer arse!!:53:

 

[Andy78]

Business lessons that we could all learn from ......

6 Management Lessons That Everyone Should Know. #2 Is Priceless.

 

[telectrix]

well worth a thanks .

 

[HappyHippyDad]

Still hadn't heard from the chap, so I sent a politely worded reminder... something along the lines of 'you may have sent a chq already but was worried it got lost in the post etc etc'...

he replies with an apology (very busy) and immediately pays by BACS, I look at my account and see he has paid £180 instead of £150 for the EICR, an extra £30.

I must admit I had gone back and forth a few extra times to his house to sort out the RCD tripping that occured soon after my visit (no charge), so it was nice of him to pay a bit extra.

Thought I better let him know he has paid too much, just as a courtesy, I know he's deliberately done it as I have gone out of my way to help.

He replies 'ooops didn't have the invoice to hand'!!

The £30 will be getting paid back! :sad3:

 

[driverman]

Still hadn't heard from the chap, so I sent a politely worded reminder... something along the lines of 'you may have sent a chq already but was worried it got lost in the post etc etc'...

he replies with an apology (very busy) and immediately pays by BACS, I look at my account and see he has paid £180 instead of £150 for the EICR, an extra £30.

I must admit I had gone back and forth a few extra times to his house to sort out the RCD tripping that occured soon after my visit (no charge), so it was nice of him to pay a bit extra.

Thought I better let him know he has paid too much, just as a courtesy, I know he's deliberately done it as I have gone out of my way to help.

He replies 'ooops didn't have the invoice to hand'!!

The £30 will be getting paid back! :sad3:

I'm sure he will remember you as being honest...........On the strength of that, more work will follow I'm sure.