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Link This | Email this | Blog This | Comments (9)
How Do You Get Paid?August 7, 2008In light of recent bankruptcies and credit issues in the jewelry industry, JCK would like to know your best tip or tips to get your customers—suppliers, manufacturers/designers, and retailers—to pay their bills (and on time, if possible).
Thank you for sharing, and please email me at JHeebner@reedbusiness.com or call me at (267) 481-4120 if you’d like to vent offline. Please know that JCK has the right to omit exchanges which may be considered offensive or inappropriate. Posted by Jennifer Heebner on August 7, 2008 | Comments (9) Industries: Jewelry Retail News
August 12, 2008
In response to: How Do You Get Paid? Mark Shamash commented: Many years ago when I was a Rep for a watch company, at times during bad economic conditions, I found that a personal (face to face) conversation with my late paying customers helped in collecting past due invoices and have reduced future late payments. Two very important points I would bring up:
August 12, 2008
In response to: How Do You Get Paid? Mark Shamash commented: Many years ago when I was a Rep for a watch company, at times during bad economic conditions, I found that a personal (face to face) conversation with my late paying customers helped in collecting past due invoices and have reduced future late payments. Two very important points I would bring up:
August 12, 2008
In response to: How Do You Get Paid? Mark Shamash commented: Many years ago when I was a Rep for a watch company, at times during bad economic conditions, I found that a personal (face to face) conversation with my late paying customers helped in collecting past due invoices and have reduced future late payments. Two very important points I would bring up:
August 12, 2008
In response to: How Do You Get Paid? Reader commented: You need to fix the submission form,
August 12, 2008
In response to: How Do You Get Paid? Reader commented: You need to fix the submission form,
August 15, 2008
In response to: How Do You Get Paid? tripodadvertising.com commented: As the VP of a jewelry advertising agency, I find that a great incentive for payment is a small disclaimer at the bottom of the bill that reads:"
August 15, 2008
In response to: How Do You Get Paid? tripodadvertising.com commented: As the VP of a jewelry advertising agency, I find that a great incentive for payment is a small disclaimer at the bottom of the bill that reads:"
August 15, 2008
In response to: How Do You Get Paid? tripodadvertising.com commented: As the VP of a jewelry advertising agency, I find that a great incentive for payment is a small disclaimer at the bottom of the bill that reads:"1.5% discount if paid within 30 days" followed by the new total. It is a small amount, but it seems to work!
August 24, 2008
In response to: How Do You Get Paid? John Brana commented: If you have jewelry out on memo, file a UCC1 form with the state in which the store/gallery/rep/corporation/owner resides. Filing fee is nominal, usually $25 and is really your only protection (other than a solid consignment or independent contractor agreement). A Financing Statement (Form UCC1) is filed to perfect a security interest in named collateral and establishes priority in case of debtor default or bankruptcy. For more about UCC1 for California, Google the term UCC1 California.
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