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<font size=3>A few times I have increased the bill by $10 and noted
that<br>
a $10 discount is applied if paid by . . . . .<br>
<br>
Sometimes they take advantage of the discount, sometimes they
don't.<br>
<br>
Jon Page<br>
<br>
<br>
At 07:57 PM 1/5/00 -0500, you wrote:<br>
>In a message dated 1/5/00 10:41:09 PM !!!First Boot!!!,
harlip58@yahoo.com <br>
>writes:<br>
><br>
><< I am a piano technician in Great Neck, NY, servicing<br>
> homes, schools, churches and organizations, ie.<br>
> theater groups, arts councils, etc. When I tune for<br>
> schools, churches or theaters I have to send or leave<br>
> bills for services performed and wait for payment. I<br>
> am considering printing payment terms on my bills,<br>
> specifying a time frame and a penalty if that time<br>
> frame is not met. What are generally accepted terms<br>
> in the piano service business? >><br>
><br>
><br>
>18% per year, prorated at 1.5% per month. Or you can charge a
late payment <br>
>fee of $5.00 if payment is sent after 30 days. <br>
><br>
>I once gave a $5.00 discount to those who sent in the payment within
30 days, <br>
>reasoning that if I gave an incentive for sending in payment on time,
I would <br>
>get the money sooner. But then I got to thinking. Why give someone a
$5 <br>
>discount for holding on to your money for 30 days, when people who
pay on the <br>
>spot don't get a discount? <br>
><br>
>Although it is not a bad idea to put a late fee charge on the bill,
what are <br>
>you going to do if they don't pay it. On a $70 tuning 1.5% per month
is <br>
>$1.05. That is not worth going to small claims court. You would be
much <br>
>better off giving them a call, or sending them a reminder note after
30 days. <br>
><br>
>If a school or church is in the habit of sending checks 60 or 90 days
late, <br>
>tell them you're too busy, or that you need a check before you go and
tune. <br>
>Don't tell them to have a check waiting. What are you going to do if
they <br>
>don't have one when you show up? <br>
><br>
>If you know in advance you have to wait for a check, then you can
budget <br>
>accordingly. If you get to a point where you have too many open
accounts, <br>
>don't accept the tuning appointments.<br>
><br>
>Just my 2 cents worth<br>
><br>
>Wim<br>
> </font><br>
<div>Jon Page, piano technician</div>
<div>Harwich Port, Cape Cod, Mass.</div>
<div><a href="mailto:jonpage@mediaone.net" EUDORA=AUTOURL>mailto:jonpage@mediaone.net</a></div>
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