Re: 30 days Net
Posted by Elaine on January 04, 2002 at 13:44:04:
In Reply to: 30 days Net posted by Carole Stein on January 04, 2002 at 05:47:43:
: I am getting tired of having to ask for my $$$ by day 40 or 5o. I have a great customer who places large and frequent orders..BUT..I have to fax and ask for my $$$ every single time. I give 30 days net and they pay (if I ask) in 40-55 days. This is getting tiring and I need another strategy. I will be going to BMAC in Feb and I want to be able to handle this when I get orders from old customers who are bad at paying. Someone suggested I ask for a credit card to be billed if no $$$ is received by day 40...BUT..I know this will scare off customers..suggestions?
I would ask for a credit card if no payment is received by 40 days or maybe let them know that in future orders a certain % will be added each day payment is late. I use to do custom work for a museum and they were always late- I stopped doing work for them. I really don't think it is fair to an artist to hold up their paynment.