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Adding due date, how do I word it?

Discussion in 'Business Operations' started by JHLC, Dec 22, 2004.

  1. precisioncut

    precisioncut LawnSite Senior Member
    Messages: 653

    Thats quite a hefty late fee policy. Only 3 days, ****, my mortgage loan can be recieved until the 15th when its due on the 1st without a late fee.

    I give all my customers until the 15th. They are billed at the end of the month and are charged a $10 late fee. If no payment is recieved by the 31st then we stop cutting until they are caught up or we make other arrangements are made.
     
  2. Tulsa Lawn Guy

    Tulsa Lawn Guy LawnSite Member
    Messages: 61

    I put the same thing on my invoices... Just like AT&T Wireless does... :p
     
  3. HOOLIE

    HOOLIE LawnSite Gold Member
    Messages: 3,981

    This works well for me as well. Thought about putting in a due date around the 15th of the month, but most of the money comes in by then anyway.
     
  4. turfsurfer

    turfsurfer LawnSite Senior Member
    Messages: 364

    Since it will be the start of the new season, you could also inflate your price increase a bit then include a slightly lower rate if they pay by such and such a date. That's offering a deal instead of a penalty.
     

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