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C

Capital Disc Jockeys

New DJ
Nov 5, 2006
1,202
4
58
Schenectady, NY
I just received this from my bride. My first time getting a question like this - WWYD??


**Hi Tim,

I hope you are doing well. Jack and I were talking and we wanted to check with you to see if we paid in cash if there is any discount or price break you can offer us. We can pay in full/cash now if need be. Thanks Jill!**

They are getting 6 hours of performance time already. They recently upgraded their ceremony with us. We were originally scheduled 6-11, not it's 5-11.
 
AlbanyAMS said:
I just received this from my bride. My first time getting a question like this - WWYD??


**Hi Tim,

I hope you are doing well. Jack and I were talking and we wanted to check with you to see if we paid in cash if there is any discount or price break you can offer us. We can pay in full/cash now if need be. Thanks Jill!**

They are getting 6 hours of performance time already. They recently upgraded their ceremony with us. We were originally scheduled 6-11, not it's 5-11.
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Did you charge them for that additional hour?


I have given a "Paid in Full Cash dicount" before when I needed some quick cash flow. If you don't need the flow, just tell her that the price is as it stands.
 
I guess the only discount I would offer for cash is a little more than the PayPal fee would be for getting payment that way. They are thinking that if it's cash you may not report the income, so you can charge less.
 
AlbanyAMS said:
I verbally told them if it past 11 pm, I wouldn't charge them additionally. When they upgraded to my ceremony, yes I charged them. It's an additonal set up. How did you get the paypal on your web site? THX..
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As it stands, you will discount only if they go into overtime (at which point you won't charge them).

To me, that would be enough of a discount and they should just consider using you until midnight.
 
I always give my clients the option of a discount if they pay in full before the event, most grasp the opportunity. The discount will depend on how far off the actual event is. You don't have to worry about cancellations, getting paid at the event etc and yes it does give you upfront cash flow. This is especially good if you were planning on purchasing equipment before the event. Overtime is always going to be an extra charge before the OT period starts.
 
At my prvious job, I did purchasing. We were setup on Net Terms with most our vendors and it was typically 30 days (net 30). A lot of our vendors gave us 10%Net 10 which was if you paid in 10 days instead of 30, you take off 10% your invoice. Its very common in the world of commerce and business. Its just better to be able to maximize your receivables and increase cash flow.

Even though Paypal charges me for using their service, I just look at it as cost of doing business. If a client wants to pay in full via Credit Card or Cash, they get a XX% discount. 1 less phone call reminder for payment due, 1 less e-mail to remind them, 1 less thing to worry about.
 
During the slow months, I offer a discount if they pay in full. Don't care if cash or check or credit card.

I have a clause in my contract saying if they pay in full for a discount, there is no refund if they terminate services.
 
The reason some people will ask for a discount if paying in full with cash is because many people will not claim this on their taxes. Some clients know this. This has been a practice of many businesses who deal in services for many years. There is just no way of proving it.

If a client wants to pay in full via Credit Card or Cash, they get a XX% discount. 1 less phone call reminder for payment due, 1 less e-mail to remind them, 1 less thing to worry about.
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ahoustondj said:
I always give my clients the option of a discount if they pay in full before the event, most grasp the opportunity. The discount will depend on how far off the actual event is. You don't have to worry about cancellations, getting paid at the event etc and yes it does give you upfront cash flow. This is especially good if you were planning on purchasing equipment before the event. Overtime is always going to be an extra charge before the OT period starts.
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A good strong contract would take care of these concerns. Paying in full before the event shouldn't be an option. Payment due 30, 60, 90 days in advance under a signed contract assures no worrying about payment the night of the event. Once paid in full there is no worrying about collecting. These are just the way some deal with payment and contracts. Everyones business dealings maybe different.
 
I charge a little less (than the local norm) to begin with.
so I was only asked about a discount ONCE!
the groom said I could skip the lights to balance it out.

even though my standard price includes lights
I gave him the discount
cause the venue is a bugger to load in at
so I enjoyed not having to bring the lights!
 
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