[supernova77]

Hi All,

I'm trying to improve the cash flow coming into the business from customers so I've added the following to my bill...

* Please add 10% if paying after 14 days from the above date.

What do you think?  Has anyone else ever done anything similar?

I'm hoping that it will speed some slow payers up...

Andy

[evo]

Hi mate the only problem with that is if your to pushy they will just say ok we will find another window cleaner. this is just my idea what about charging them more to begin with then offering a discount if they pay within 14 days that mite work better.
james

[Ian101]

Most will just ignore it

[bobplum]

Hi All,

I'm trying to improve the cash flow coming into the business from customers so I've added the following to my bill...

* Please add 10% if paying after 14 days from the above date.

What do you think?  Has anyone else ever done anything similar?

I'm hoping that it will speed some slow payers up...

Andy

why 14 days?
get round there after say 5 days, ask or drop a reminder thru the door,if that doesn't work and the next clean comes up and they still haven't paid time to move them on

[Ian Lancaster]

Hi All,

I'm trying to improve the cash flow coming into the business from customers so I've added the following to my bill...

* Please add 10% if paying after 14 days from the above date.

What do you think?  Has anyone else ever done anything similar?

I'm hoping that it will speed some slow payers up...

Andy

I think this could be the opposite to "How to Win Friends and Influence People"

[supernova77]

I think this could be the opposite to "How to Win Friends and Influence People"

Hi Ian,

That's why I'm asking on the forum, for some input on improving cash flow.

Andy 

[dazmond]

text reminders to late payers,collect on local very compact work.

august and january are the 2 months of the year when my cashflow is not as good as usual but its still ok!

i personally think its a bad idea mate.


regards


dazmond

[Viktor]

I don't bother I have one she is £9 quid per clean and thats a lowest amount I charge some one.
and she has them cleaned every 8 weeks, so she would pay me for two cleans together (just received a cheque today in fact) she probably thinks it's no worth writing a cheque for 9 quid and I agree with her.
If I had maybe 2k+ customers then it may be different.

Now I just get few extra jobs to improve my cash flow. 

[Viktor]

I don't bother I have one she is £9 quid per clean and thats a lowest amount I charge some one.
and she has them cleaned every 8 weeks, so she would pay me for two cleans together (just received a cheque today in fact) she probably thinks it's no worth writing a cheque for 9 quid and I agree with her.
If I had maybe 2k+ customers then it may be different.

Now I just get few extra jobs to improve my cash flow. 

I would text remind them, they forget about your bill. But would not try to charge an extra 10%, that would look bad and would not really help you

[Granny]

Hi Andy
Don't think it would help - more likely to lose customers IMO.
You need a rotwieller attitude like my missus - Debt Recovery - Credit Control -  Chaser upper- just keep on top of it.
If you get them on BACS get a mobile number -  "Oh, we like to get a number for customers who pay online so we can send them a text to thank them and let them know the payments gone through O.K. and help if there are any problems".
More important.
We also have a number to send a reminder two weeks later when they haven't paid.
And another - and another.
g.