I agree with Peter and have had some very good luck giving clients my "options". "Would you prefer to send a check now, or pay me on arrival?" I then explain that I am more comfortable performing with full payment in hand, and simply give a better performance. It works.
Silly Phil has a very good system of having them send a post-dated check on the day they make the booking.
I've also hit a few by offering a 10% discount for pre-payment in full. Got this idea from a speaker's bureau. (Some corporations have by-laws that state they must take advantage of all corporate discounts, so when dealing with companies, I call this a "corporate discount") It is pleasing how much power you wield over changes and cancellations when you've already been paid. I've had cancellations that didn't even request the fee back. It was a write off for them, but try collecting in the same scenario.
It takes extra effort negotiating pre-payment, and it is well, well worth it. We are not banks.
Silly Phil has a very good system of having them send a post-dated check on the day they make the booking.
I've also hit a few by offering a 10% discount for pre-payment in full. Got this idea from a speaker's bureau. (Some corporations have by-laws that state they must take advantage of all corporate discounts, so when dealing with companies, I call this a "corporate discount") It is pleasing how much power you wield over changes and cancellations when you've already been paid. I've had cancellations that didn't even request the fee back. It was a write off for them, but try collecting in the same scenario.
It takes extra effort negotiating pre-payment, and it is well, well worth it. We are not banks.

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