On Dec 3, 2007 1:16 PM, Michael Madigan <[EMAIL PROTECTED]> wrote: > Has anyone instituted late fees in their billing? Is > there a magic number that works? I can charge > interest, but that doesn't assure promptness. > > My girlfriend, who teaches piano, is also having the > same problem. People are supposed to pay by the first > of the month. A lot of times she'll receive it days, > if not weeks late. > > Her monthly bills can range from $300 down to $120 > depending on length of lesson and how many lessons > they get in that particular month. > > What do you think? >
It's a great way to loose students. Is she teaching the higher end student who has invested years already or is it a mix of new players and long term students? As for your business does your invoice state the fine amount if after MM-DD-YYYY? Not that the customer would pay that "extra." --- StripMime Report -- processed MIME parts --- multipart/alternative text/plain (text body -- kept) text/html --- _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
