School Contracts

[Michael Magness]

On Thu, Feb 28, 2008 at 7:48 PM, Roe Michaud <jckrssllterrier at yahoo.com>
wrote:

> This is the best way to deal with slow paying places... Having been music
> teacher in a school district myself for over 20 years I have a tip for you.
> Get paid up front.
>   Now that I am a technicain I offer the  schools and churches that I tune
> for a discount if they pay up front for the entire year within 30 days. Yes,
> that means some districts pay me over $500 up front. It works and then if
> there is additional work at the time of service they are billed at full
> price. The contracts pay well and I have the money in hand before I do any
> work. They have my word in writing on contract. It's easier for everybody.
> Try it. Seroe Michaud www.michaudspiano.com
>
>
> *Scott Jackson <scottwaynejackson at hotmail.com>* wrote:
>
>
> Well, yes, but not by deducting discount amounts from the expense side of
> the equation, but by not paying tax on the amounts that are missing from the
> income side. That is, you don't give your accountant a list of "imagined"
> income, and then a list of the amounts that you discounted from that
> fictitious list, you just give the already discounted total.
>
> Scott Jackson
>
>
> ________________________________
> > Date: Thu, 28 Feb 2008 06:07:33 -0800
> > From: toddpianoworks at yahoo.com
> > Subject: Re: School Contracts
> > To: pianotech at ptg.org
> >
> > Are you also able to use any discounts you give for the year and right
> them off your taxes?
>
> _________________________________________________________________
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>
>
>
> Roe
>
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>

I have a standard 1&1/2% on the unpaid amount after 30 days, that is added
to the balance every 30 days. I've yet to have a school pay a late fee.

Mike

-- 
We have enough youth, how about a fountain of SMART?
Michael Magness
Magness Piano Service
608-786-4404
www.IFixPianos.com
email mike at ifixpianos.com
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