My kids Karate instructor used to be a window cleaner, I pay him £40 a month, and he only excepts direct debit. This guy uses a company that handles all the direct debit transactions for around £1.25 each. Obviously it would be impracticable for him to collect payments in classes as they are two a week of one hour duration.
He put it to me that it would be a far better way for me to get paid for window cleaning.
Clients sign up for his service, not a price per lesson, his terms and conditions allow for him to take annual holidays just like everyone else.
Now when you think about it ,it seems like a good idea. you quote your average £10 job as £13.00 tell the client you will reduce this to £11 if they agree to pay by direct debit. As the collection fee is an allowable business expense, the client and the taxman between them pay the collecting fee, you are left with the £10 you wanted in the first place, get your holiday entitlement. and do away with collecting.
Any thoughts?
These are the collection people.
http://www.debitfinance.co.uk/index.cfm?fuseaction=c.showPage&pageID=1