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John Shutler
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at the bottom of every invoice i have this

 

This invoice is payable upon completion of the works or otherwise within 14 days of the invoice date. I reserve the right to charge interest at 3% per annum above HSBC base rate on any amount owed to me which is over due.

 

does any one else do this or similar

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Business management is not a strong point of mine (as those who know me will attest!! :P) but does that statement not mean that if they don't pay you within 14 days after completion they can leave it up to a year before you charge them interest???

 

buissness management not being a strong point of mine either, this is what is put at the bottom of the invoices sent out from the my old mans office. turners solicitors

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Urrr, yeah...but the price is agreed for a given job...not some fussy so-n-so who then stretches his credit by using up yours so to speak. Its always good to send a quote and proceed from an acceptance of this quote imo...cover your a***....remember, they havent paid you as yet but you have completed. You are the loser if it all turns sour!

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the reason i say this is that recently i was asked to fell severall trees on a property, this was a large house with the name of the owners company displayed at the end of the drive. i was asked to fell about 12 trees in varying states of health. halfway into the job i was approached by a man who told me he was the owner of the house having bought it off the occupant 5 years previously and that i was to halt work immediately.i decided to approach the "owner" and bill her for the works i had carried out. although there was no written contract i was assured confidently that if it were to go to a small claims court i would get my money and any that was owed to me after the 14 day period

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my mrs just sends out the quotes with "payment due on completion" yellow highlighted at the bottom.if domestic i usually pick up the cheque/cash before i leave,commercial she rings and e-mails and quite often collects in person usually within the same working week,she's a business accountant by trade so i suppose old habits die hard and i'm lucky to have her,but don't tell her i said that:blushing:

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