It does help to make sure your due date is always honored with zero tolerance.
I forgot to pay my credit card this month and the next day I got a call from them wondering where my payment was. I can only think that late payments are on the rise and they are in a cash-flow crunch. --- Whil Hentzen <[EMAIL PROTECTED]> wrote: > > > > 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. > _______________________________________________ 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.

