I have many commercial clients I bill once every
few months, and some once a year. For me this
has several benefits.
1) Collecting one bill, depositing one bill,
accounting one bill is less administration
then 12 bills; and I despise administration.
2) A half dozen big annual bills makes a nice summer
vacation pay lump sum.
3) Without saying a word, the clients know not
by words but by action that I am really busy,
and not just "surviving" in the business month
to month.
4) I have had very little problems with this.
I have to admit change of management at a casino,
and their inability to send a check for 9 months
after I billed them was rather annoying, but I
did, and always have been paid by these commercial
clients.
5) I show trust in them, they show trust in me.
I recommend some work, they do it with no sense
of "selling" them anything. They know I don't
need more work, and if I am requesting a budget
for something, it is because it is a real need.
Occasionally someone can't find a check book,
or the right person is not home, and I have always
received the check in the mail. Once in 25 years it
failed, and I lost the money. A lady on welfare,
with a sick child, and clearly struggling. Oh well,
its bound to happen sometime, somewhere no matter
how careful we are. Move on, not worth the stress,
and I have better things to do then chase a
despondent lady over $95.
My Opinion on this
Cheers
Dave Renaud
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