IMHO I suggest that instead of late fees you attempt to collect as services are provided.
I believe that you are providing a service that is intangible and it is not possible to resell that time to another customer. Providing time, once consumed can never be regained. Collect as the time elapses. Same goes for piano lessons. My seem impractical at first, but once your clients are educated they will comply. The clients that won't comply you don't want anyway. Richard A. Mertl, C.A. C 514 885 4257 T 514 990 3893 F 514 481 6196 -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Michael Madigan Sent: Monday, December 03, 2007 2:17 PM To: [EMAIL PROTECTED] Subject: [NF] Late fees 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? [excessive quoting removed by server] _______________________________________________ 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.
