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heyguido MMD

Joined: 31 Aug 2011 Posts: 2507 Location: RDU, the Geek Capitol of the South
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Posted: Thu Apr 18, 2013 11:14 pm Post subject: |
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Well said, Bailey. It never hurts to reassert the terms of your original agreement. _________________ Don Brookshire
"Wait.... They wanna PAY me for this?" |
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Lee Gordon A Zillion

Joined: 25 Jul 2008 Posts: 6866 Location: West Hartford, CT
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Posted: Fri Apr 19, 2013 1:51 am Post subject: |
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Bish wrote: | If you want to tell your client that you don't trust him, watermarks are the perfect way. |
Agreed.
There are those who suggest a more subtle form of watermarking: substituting a different client name, phone number, or other vital piece of information, rendering the material unusable. And it's true, that doesn't necessarily tell your client you don't trust him; it tells your client you're an idiot who can't read or follow directions.  _________________ Lee Gordon, O.A.V.
Voice President of the United States
www.leegordonproductions.com
Twitter: @LeeGordonVoice
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Bish 3.5 kHz

Joined: 22 Nov 2009 Posts: 3738 Location: Lost in the cultural wasteland of Long Island
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Posted: Fri Apr 19, 2013 5:40 am Post subject: |
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On occasion, clients (or prospective clients) have actually said it's OK to watermark. Whenever I see that I wonder what happened to them to make them say it. Have they been ripped-off in the past... have they worked with a VO that told them it was de rigeuer? It just seems strange to say, "It's OK to think of me as someone who'll rip you off." _________________ Bish a.k.a. Bish
Smoke me a kipper... I'll be back for breakfast.
I will not feed the trolls... I will not feed the trolls... I will not feed the trolls... I will not feed the trolls. |
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jsgilbert Backstage Pass

Joined: 27 Jun 2008 Posts: 468 Location: left coast of u.s.
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Posted: Fri Apr 19, 2013 7:15 am Post subject: |
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And remember, when you're just not sure, a fruit basket is always a nice and thoughtful touch. _________________ j.s. gilbert
js@jsgilbert.com
www.jsgilbert.com
"today is the first day of the rest of the week" |
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WyattOakley Contributor

Joined: 17 Jul 2012 Posts: 25 Location: New Mexico
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Posted: Mon Apr 22, 2013 4:57 am Post subject: |
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HeyO Jack,
Like was mentioned it all depends on your initial terms. If it was NET30, it's not good business to be asking for payment on that since that is your policy. I don't know if any company running net30 would have a policy requiring clients to pay all prior invoices before accepting any more work from them.
One change you can make on your invoice to get clients to pay sooner is having NET30-2%NET15 on your invoicing. If they pay within 15 days they get 2% discount. This is something you can take on or off your invoices to help with cash flow during some periods. But, looking at it on the income side, it's great to have more work within the month from the same client.
Oh...make sure to include at the bottom of your invoice:
"There will be a 2.0% interest charge per month on late payments, and a special consultation from Bruno from collections in your home...late at night...when you are sleeping."
Have Fun!
Wyatt |
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ccpetersen With a Side of Awesome

Joined: 19 Sep 2007 Posts: 3708 Location: In Coherent
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Posted: Mon Apr 22, 2013 9:52 am Post subject: |
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Fruit basket -- yes!
A few years ago I did a project for a dentist. It was quick, fun and he was a great guy. A couple of weeks later I mentioned the project to another client, and a couple of days later I got a muffin and fruit basket from the dentist -- the client had taken his four kids in for checkups to that very dentist.
Pay it forward. You might get muffins and fruit someday.
 _________________ Charter Member: Threadjackers Local 420 |
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Mike Harrison M&M

Joined: 03 Nov 2007 Posts: 2029 Location: Equidistant from New York City and Philadelphia, along the NJ Shore
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Posted: Mon Apr 22, 2013 6:19 pm Post subject: |
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Has anyone actually had clients who have paid a 1.5 or 2% interest charge?
And, if we were to ask for and even receive advance payment for the first job from a new client, what happens when they later bring another job? How do we make that magical journey from advance payment to establishing credit (aka trusting that they'll send a check when they're supposed to)?
Enquiring minds want to know.  _________________ Mike
Male Voice Over Talent
I have taken leave of my sensors.
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bobbinbeamo M&M

Joined: 05 Mar 2007 Posts: 2468 Location: Wherever I happen to be
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Posted: Tue Apr 23, 2013 5:22 am Post subject: |
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You'll need Bruno to collect late charges, and you'll most probably never work for that client again. _________________ Bobbin Beam
www.bobbinbeam.com
blog.bobbinbeam.com |
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heyguido MMD

Joined: 31 Aug 2011 Posts: 2507 Location: RDU, the Geek Capitol of the South
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Posted: Tue Apr 23, 2013 6:53 am Post subject: |
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What Bobbin said.  _________________ Don Brookshire
"Wait.... They wanna PAY me for this?" |
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Simon Phillips Contributor II
Joined: 27 Jul 2010 Posts: 69 Location: Hertfordshire, England
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Posted: Tue Apr 23, 2013 9:25 am Post subject: |
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Although I don't have an interest charge for late payments in the small print of my invoices, I'd guess the benefit is that if you do end up having to take whatever action against a severely late payer, the interest will reimburse you for your hassle. Or buy a few pounds of raw steak for Bruno.
Under British Law, there's no need to mention interest in your paperwork anyway. "Statutory Interest" of Bank of England base rate + 8% for late payments has been in place for quite a few years and applies unless the terms of a contract specify otherwise.
I certainly agree that it would be counterproductive to apply a late payment charge to any client you had an interest in working with again. And if you don't trust someone, it's probably better not to do business with them at all.
Re: Mike's question about the "magical journey" from advance payment to credit, I'm on that journey right now with one client. I'm doing it with fingers crossed, based on my gut instinct that he's "alright", and the small comfort of knowing that some form of recovery action is an option should it become necessary. I don't expect it will, but I could be wrong. |
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Quicksilver Been Here Awhile

Joined: 29 Oct 2012 Posts: 217
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Posted: Tue Apr 23, 2013 9:15 pm Post subject: |
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I can't find the post but JS Gilbert summed up the watermarking debate quite well a while back.
Apologies if it get this wrong JS, you stated it much more eloquently but...
If you are working for a legit client who intends to pay...
--you offend them and NO $$
--you don't offend them and get the job anyway so the watermark was unnecessary.
If the client is sketchy and looking to rip you off...
--you watermark it so they don't use you read...NO $$
--you DON'T watermark and they steal you read...NO $$
It all adds up, IMO, to not watermark anything. Thanks to JS for making it clear as day to me.
dc |
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