Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Please don't post about US Politics. If you need to do this, try !politicaldiscussion@lemmy.world
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
view the rest of the comments
One company I worked at had more full-time collections people than sales people. Our products were a lot cheaper than our competitors, and it attracted a lot of customers with no money.
Another company I worked at ignored all "first notice" bills they ran up. CFO told me that if a company wanted paid, they needed to send a second notice.
My wife ran her own business, and a lot of her time was spent chasing up people like this and it was so frustrating. A lot of small business owners do everything themselves, so having to re-issue invoices and chase them up if they weren't paid was a real pain. She didn't mess about though, of they didn't pay and didn't communicate she would engage a debt-collection company. She also knew some of her clients were also small businesses and would work out a payment plan or extra time if they needed it. But some deliberately strung her along till the last minute.
I had the opposite experience. I worked for a guy who easily could have retired years before, but kept working because he liked the continuous puzzles he had to deal with.
His books were an absolute mess. His daughter tried her damndest to handle the accounting, but it was a losing battle (the staff wasn’t affected, because there were never any payroll problems). He often forgot to charge customers, and when he did eventually send a bill, the rate was significantly less than what a competitor would charge. He just didn’t care about that part of the business because he didn’t need the money.