[CAUT] University Budgets and Payroll

[Chris Solliday]

Showing that you have extended a discount on the invoice will also move your
payment along faster. Show your regular price and state that "this invoice
includes a discount of xxxx"
Usually anything over 1.5 % will do it.
Also terms at the bottom of the invoice should include "Balance due upon
Receipt" then state your credit terms for delinquency like 1.5% per month or
18% per annum" or whatever you feel comfortable with. Accepting credit cards
and making it known can also work. I do and it does.
I'm not retired yet but this has been working even while I'm working.
Chris Solliday RPT
----- Original Message ----- 
From: "Greg Newell" <gnewell at ameritech.net>
To: <caut at ptg.org>
Sent: Monday, June 15, 2009 4:26 PM
Subject: Re: [CAUT] University Budgets and Payroll


A retired business exec told me that in order to get schools and businesses
to pay in a timely fashion demand payment when services are rendered but
offer the acceptance of credit cards because most institutions have one that
they use for items just such as this. I haven't tried it yet.

Greg Newell
Greg's Piano Forté
www.gregspianoforte.com
216-226-3791 (office)
216-470-8634 (mobile)

-----Original Message-----
From: caut-bounces at ptg.org [mailto:caut-bounces at ptg.org] On Behalf Of Susan
Kline
Sent: Monday, June 15, 2009 9:24 AM
To: caut at ptg.org
Subject: Re: [CAUT] University Budgets and Payroll


>Amen,  I got a new school to tune for--they have a new Bose 290 and
>nine new Kawai studio pianos--but it takes them 2 to 3 months to pay me.
:-(


Hi, Diane

I find there's a big difference in time lag depending on who sends in
the bill. Maybe some have friendships with people in the payment
department? Anyway, it's consistent.

Anyway, I'm glad you've got the school account and especially get to
tune the nice big Bosie. Schools are dependable -- at least for now?
They pay their bills, even with glacial slowness. I imagine that as
budgets are squeezed, office staffing will probably shrink. If you
think they're slow now, just wait!

You are laying up treasure every time you tune for them. Maybe you
should think of it as a savings account, just without interest. Only
the real ones pay so little interest, what's the difference?

Susan