On the way to the office yesterday, I saw a nice, very new electrician's truck. Nicer than the majority of surveying chariots I've ever seen. I think he has it figured out though. On the back, in big bold letters "Financing Available". It seems to me that this guy may have solved the problem of the customer not being able to afford his services AND he's probably making a little more on the financing. [SARCASM]Oh well, as long as surveying is fun, who cares if we make money?[/SARCASM] The older I get, the more like work it becomes. I'll have to expect compensation if it keeps going.
Yea well sometimes I feel like I am already funning a lending company.....I've got one PITA that keeps paying half the invoice everything 3 months to keep me from suing. Think about that for a second......At this rate I'll never actually get all the money!
*running
Dan Patterson, post: 405185, member: 1179 wrote: keeps paying half the invoice
Is his name Zeno or Achilles?
https://en.wikipedia.org/wiki/Zen o's_paradoxes
Bill93, post: 405235, member: 87 wrote: Is his name Zeno or Achilles?
https://en.wikipedia.org/wiki/Zen o's_paradoxes
Perhaps that's where they got the concept!
I think they'll just get to some breaking point where invoicing them is more trouble than the balance is worth. Either that or they'll piss me off so bad I will relentlessly pursue the last dime. I'm not sure how I feel yet. Generally I obsess over things, which is usually how I tend to solve boundary issues......just can't let something go until I've resolved it. They're probably better off just paying it.:D
Are you charging a service fee on the remaining balance? It steams me (a little bit) when someone sends me a check two months late, and does not include the service fee. It is usually someone living on an Island or Pointe.
Daniel Ralph, post: 405293, member: 8817 wrote: Are you charging a service fee on the remaining balance? It steams me (a little bit) when someone sends me a check two months late, and does not include the service fee. It is usually someone living on an Island or Pointe.
My contract does say I will charge interest after 30 days. I have never enforced that even when I sued for payment I let it slide when the client wanted to settle and just pay the balance.
It was a small lot survey for $750. I think they owe me $150 at this point. It's probably not really worth it, but the more I talk about it the angrier I get......
I understand your anger/frustration. Our agreement, which the client signs before work begins, includes the terms of the penalty for payment after 30 days. I rarely enforce this though which makes me a bad business man. Most of us are. I have a pretty good long term memory though...
On a happier note, yesterday a client that we worked for a couple of years ago stopped in with a cooler full of nicely packaged chunks of smoked salmon. I prefer to remember these types.
Daniel Ralph, post: 405309, member: 8817 wrote: I understand your anger/frustration. Our agreement, which the client signs before work begins, includes the terms of the penalty for payment after 30 days. I rarely enforce this though which makes me a bad business man. Most of us are. I have a pretty good long term memory though...
On a happier note, yesterday a client that we worked for a couple of years ago stopped in with a cooler full of nicely packaged chunks of smoked salmon. I prefer to remember these types.
A trick I've seen by some companies, is they quote a price due in 30 days, but say they will give you a discount if you pay earlier. That way it's not a penalty to pay late but bonus to pay early. Kind of a more positive spin.
Delivery in full (signed plans) will take place immediately after payment in full...
Kind of a newer policy we are implementing...so far so good.
Got a couple of those $3-400 ones way overdue...spent that chasing them.
Bill93, post: 405235, member: 87 wrote: Is his name Zeno or Achilles?
https://en.wikipedia.org/wiki/Zen o's_paradoxes
Thanks for the link, I am now having a brain fart and headache trying to figure this out.
Dichotomy paradox
That which is in locomotion must arrive at the half-way stage before it arrives at the goal.ÛÒ as recounted by Aristotle, Physics VI:9, 239b10
Suppose Homer wishes to walk to the end of a path. Before he can get there, he must get halfway there. Before he can get halfway there, he must get a quarter of the way there. Before traveling a quarter, he must travel one-eighth; before an eighth, one-sixteenth; and so on.
This description requires one to complete an infinite number of tasks, which Zeno maintains is an impossibility.
The dichotomy
This sequence also presents a second problem in that it contains no first distance, for any possible (finite) first distance could be divided in half, and hence would not be first after all. Hence, the trip cannot even begin. The paradoxical conclusion then would be that travel over any finite distance can neither be completed nor begun, and so all motion must be an illusion. An alternative conclusion, proposed by Henri Bergson, is that motion (time and distance) is not actually divisible.
This argument is called the Dichotomy because it involves repeatedly splitting a distance into two parts. It contains some of the same elements as the Achilles and the Tortoise paradox, but with a more apparent conclusion of motionlessness. It is also known as the Race Course paradox. Some, like Aristotle, regard the Dichotomy as really just another version of Achilles and the Tortoise.[11]
There are two versions of the dichotomy paradox. In the other version, before Homer could reach the end of the path, he must reach half of the distance to it. Before reaching the last half, he must complete the next quarter of the distance. Reaching the next quarter, he must then cover the next eighth of the distance, then the next sixteenth, and so on. There are thus an infinite number of steps that must first be accomplished before he could reach the end of the path. Expressed this way, the dichotomy paradox is very much analogous to that of Achilles and the tortoise.
😉
****Update****
I started bugging them again after writing this. I just got a check for...............$75.00!!!!!!
😡
I offer financing too.... it's called credit card. I get all my money up front and I don't care how or when they make payments.