> > Second, you attract more bees with honey than with vinegar. Raise your > rates 10% and offer 10 Net 30 rates: 10% off your stated bill if paid > within 30 days. Some people hate to spend money (pay your bills) but > love to save money (paying your bill). Keep everyone happy.
Of course, there are some folks who will still pay you in 30/60/90/whatever.... AND take the early discount. I've seen this with larger companies more than small shops - when you call them on it, they just argue "That's the way accounting works - it's company policy" and accounting won't talk to you. :) For me, the 'magic number' for 'late fees' (to answer the original poster) is to call them on Day N+1 when the invoice is due. If the check isn't already in the mail, I politely remind them that I'll be stopping work until the check shows up, per our contract (and it IS in my contract.) Don't have to be mean about it - simply, "Oh, OK, well, that's fine. I've got another project that I've got to work on anyway. I'll get back on this one as soon as the check arrives." I've only needed to use this a few times, and EVERY TIME, the check has been on my desk the next day, and nearly every time, I've never had another late check. Of course, it helps to be overly anal about delivering to them on time too..... Whil _______________________________________________ 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.
