ndv Posted November 29, 2022 Share Posted November 29, 2022 9 minutes ago, Elena Delle Donne said: unless i feel like being nice, i let this happen once. after that, our agreement for any new work comes with my late payment clause. my standard late fee is +10% of the amount owed after 30 days of delinquency. and it can be re-applied every 30 days. it's savage. since imposing this, i have always been paid on time. I have entertained the thought of this 10% late fee. I am pretty much at the point with this customer, where I am forced to COD. Gotta pay to play. All other customers pay on time. 1 Quote Link to comment Share on other sites More sharing options...
ndv Posted November 29, 2022 Share Posted November 29, 2022 1 minute ago, LUGR said: Give them another chance and include the late clause mentioned above. If it happens again, I am gonna send Mr. Yuck in there and piss all over their desk. Pants down, hands on hip, letting it flow. 1 Quote Link to comment Share on other sites More sharing options...
LUGR Posted November 29, 2022 Share Posted November 29, 2022 2 hours ago, ndv said: If it happens again, I am gonna send Mr. Yuck in there and piss all over their desk. Pants down, hands on hip, letting it flow. Finally, something productive for @mr.yuckto do. 1 Quote Link to comment Share on other sites More sharing options...
Elena Delle Donne Posted November 29, 2022 Share Posted November 29, 2022 (edited) everyone gets to choose how to run their business but most of my clients were big companies that could afford to pay in full when due. if they're paying late, it's because they wanted to. hence that bear trap late fee. a late payment clause can also be negotiated. Edited November 29, 2022 by Elena Delle Donne 1 1 Quote Link to comment Share on other sites More sharing options...
mr.yuck Posted November 29, 2022 Share Posted November 29, 2022 Or for this particular client you could double your price and collect 50% as a deposit. Fuck them anyway. Or better yet take payment up front and then make them chase you down for 5 or 6 months to get their product. This job I'm working on right now, they tried to stall on my first draw. I told them no problem and I will come back to work when ever they get their issue sorted out. Crazy how these end of the world red tape problems resolved themselves first thing the next morning. 2 1 Quote Link to comment Share on other sites More sharing options...
ndv Posted November 29, 2022 Share Posted November 29, 2022 11 minutes ago, Elena Delle Donne said: everyone gets to choose how to run their business but most of my clients were big companies that could afford to pay in full when due. if they're paying late, it's because they wanted to. hence that bear trap late fee. a late payment clause can also be negotiated. I agree, oil and gas have the money to pay in full. For the most part. The thing about the oil and gas motors, is when they say they are gonna pay net 60, 90, 120, then that's when they pay. The problem is all these other companies working for them think they can adopt the same pay periods. Which I laugh at and bring up the grocery store anology. Now, don't get me wrong, some of these companies can't pay when nothing is coming in. Keep in mind the oil majors control the faucets too. So it can get tough for some companies cash flow. But that's not the case with my customer, I mean the company has been around since 1908. That tells me you should have your things in order. So I am guessing they are paying when they want like you mentioned. 1 1 Quote Link to comment Share on other sites More sharing options...
mr.yuck Posted November 29, 2022 Share Posted November 29, 2022 Yeah, I mean, I run my company financials like fuckin dog shit, no lie. But 99.9% of the time I have $700 to spend. Quote Link to comment Share on other sites More sharing options...
NightmareOnElmStreet Posted November 29, 2022 Author Share Posted November 29, 2022 15 hours ago, One Man Banned said: Sometimes when I have a good stream, like breaking the seal on some beers, I'll start pissing and then start moving back from the bowl to see how far away I can get. Or I make an O with my thumb and finger and pee through the center. I piss while dropping monikers. I piss and walk at the same time. Partying like it's 2023. Huge priority for me whenever possible. The piss walk. I’m kind of known for it. 1 1 Quote Link to comment Share on other sites More sharing options...
fat ralphy Posted November 29, 2022 Share Posted November 29, 2022 @ndv you lose money (time) hounding them too - cash on delivery or 10% late fee is super reasonable 2 Quote Link to comment Share on other sites More sharing options...
One Man Banned Posted November 29, 2022 Share Posted November 29, 2022 18 hours ago, ndv said: What would 12oz do? So, I have this customer that orders 10 nameplates once a year. PO is 680 bucks. That's it, that's all. I always come through when they need it, but I have to chase my money for roughly about 6 months. I basically have to threaten them to get my money, 1. I shouldn't have to and 2. It's just bad business practice. I am considering on dropping them. Would you? I would like to purchase drugs from you if you're selling. It's a pretty simple business model- they pay you, you provide service. No pay, no service. Or keep running your shit like this: 5 Quote Link to comment Share on other sites More sharing options...
One Man Banned Posted November 30, 2022 Share Posted November 30, 2022 FukUPayMe.mp4 1 2 2 Quote Link to comment Share on other sites More sharing options...
mr.yuck Posted November 30, 2022 Share Posted November 30, 2022 Thats super official. Nothing like public shaming! 2 Quote Link to comment Share on other sites More sharing options...
Elena Delle Donne Posted November 30, 2022 Share Posted November 30, 2022 21 hours ago, ndv said: I agree, oil and gas have the money to pay in full. For the most part. The thing about the oil and gas motors, is when they say they are gonna pay net 60, 90, 120, then that's when they pay. The problem is all these other companies working for them think they can adopt the same pay periods. Which I laugh at and bring up the grocery store anology. Now, don't get me wrong, some of these companies can't pay when nothing is coming in. Keep in mind the oil majors control the faucets too. So it can get tough for some companies cash flow. But that's not the case with my customer, I mean the company has been around since 1908. That tells me you should have your things in order. So I am guessing they are paying when they want like you mentioned. i just read that keurig dr pepper uses an RFP that has net 360 payment terms. that means they're telling people "yeah we're not paying for a full year after you deliver. deal with it." 1 1 Quote Link to comment Share on other sites More sharing options...
LUGR Posted November 30, 2022 Share Posted November 30, 2022 2 hours ago, Elena Delle Donne said: i just read that keurig dr pepper uses an RFP that has net 360 payment terms. that means they're telling people "yeah we're not paying for a full year after you deliver. deal with it." Coming in with some breaking news. I looked it up and the article I read was published “4 minutes ago”. 1 Quote Link to comment Share on other sites More sharing options...
Elena Delle Donne Posted November 30, 2022 Share Posted November 30, 2022 (edited) channel zero is a leading source for news and information Edited November 30, 2022 by Elena Delle Donne 2 3 Quote Link to comment Share on other sites More sharing options...
mr.yuck Posted November 30, 2022 Share Posted November 30, 2022 (edited) Jesus tits. I can't imagine a world in which a customer dictates payment terms. I understand to a certain extent paying at a maximum 2 weeks out for book keeping reasons, so you aren't spending every day all day cutting checks. But net 360? Lolz. Who evers agreeing to this shit is already well established and doesn't need the business but wants to add another notch in their belt. Nothing would make me happier than to see all companies say "get fucked, I don't care if anyone drinks your shitty coffee or not." *Sips Dr.Pepper from the new BD energy bottle Edited November 30, 2022 by mr.yuck So that years from now I look like a little less of a dipshit 1 1 1 Quote Link to comment Share on other sites More sharing options...
ndv Posted November 30, 2022 Share Posted November 30, 2022 That's one of the issues small business owners face, they just suck it up and take it. They get paid when they get paid, and some of these people think that's how business is done. This is pretty much the reason I asked my question in the first place. I mean, I pretty much already had my mind made up for this customer and let them go. I just wanted to get a general consensus from you all which I had a feeling the answer already lies in the question. You all basically validated my thoughts what to do with this customer. I mean, the thing is, if you break down $680 on a net 360 that's $56.6666666667 a month. At 57 bucks a month, that doesn't really pay for anything in business terms and not to mention factoring in inflation. With the math being said, I can spend less time in pursuing other financial goals than the energy and time it takes to have to stop what I am doing to go chase down 680 bucks for months on end. The smart thing to do is to cut my losses and invest my time and energy in something more rewarding. I appreciate all of y'alls input, sounds like we are all on the same page. Quote Link to comment Share on other sites More sharing options...
One Man Banned Posted November 30, 2022 Share Posted November 30, 2022 Money talks bullshit walks Quote Link to comment Share on other sites More sharing options...
fat ralphy Posted November 30, 2022 Share Posted November 30, 2022 Give me my motherfuckin money or its my dick in yo ass!!! 1 Quote Link to comment Share on other sites More sharing options...
mr.yuck Posted December 4, 2022 Share Posted December 4, 2022 Now you can't go to court and lie to the best of your recollection cuz you sent in some strange letter admitting you realize the error of your ways due to your ignorance of the law. You tried to appeal to the wrong people. You'll get em next time bro. 1 Quote Link to comment Share on other sites More sharing options...
mr.yuck Posted December 4, 2022 Share Posted December 4, 2022 Oh shit. Just realized you didn't even go to court. You were just like fuck it! You have to go to court and lie to the best of your recollection to make these things go away. Quote Link to comment Share on other sites More sharing options...
mr.yuck Posted December 4, 2022 Share Posted December 4, 2022 10 minutes ago, nicklesndimes said: yep. next time i won't try to reason with em, they don't do reason very well. Also for future reference don't ever admit to doing anything wrong. They don't give a fuck about reason. It's how innocent people end up in prison for life. 1 2 Quote Link to comment Share on other sites More sharing options...
LUGR Posted December 4, 2022 Share Posted December 4, 2022 6 hours ago, nicklesndimes said: feels like they screwed me honestly.. Every so often, everyone takes an L. As long as there are long gaps of time between L’s, it will be fine. 1 1 Quote Link to comment Share on other sites More sharing options...
ndv Posted December 4, 2022 Share Posted December 4, 2022 I think you should become the judge. Run for office. It will go away. 1 Quote Link to comment Share on other sites More sharing options...
Dark_Knight Posted December 4, 2022 Share Posted December 4, 2022 Any of you cowards have snappy chat? 1 2 Quote Link to comment Share on other sites More sharing options...
LUGR Posted December 4, 2022 Share Posted December 4, 2022 20 minutes ago, Dark_Knight said: Any of you cowards have snappy chat? I had it once 6 years ago. Quote Link to comment Share on other sites More sharing options...
Dark_Knight Posted December 4, 2022 Share Posted December 4, 2022 1 minute ago, LUGR said: I had it once 6 years ago. MySpace? 1 Quote Link to comment Share on other sites More sharing options...
LUGR Posted December 4, 2022 Share Posted December 4, 2022 5 minutes ago, Dark_Knight said: MySpace? Snap Chat Quote Link to comment Share on other sites More sharing options...
LUGR Posted December 4, 2022 Share Posted December 4, 2022 6 minutes ago, Dark_Knight said: MySpace? I had Friendster before MySpace. Nobody seems to remember Friendster 😞 1 1 Quote Link to comment Share on other sites More sharing options...
Elena Delle Donne Posted December 6, 2022 Share Posted December 6, 2022 On 12/4/2022 at 12:05 AM, Dark_Knight said: MySpace? BEREAL Quote Link to comment Share on other sites More sharing options...
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