Quote:
Originally Posted by Flash68
That's certainly one way to deal with things, but that's not the way I want to do business. I want to respect and enjoy the relationships we have. This goes back to account diversification and if you can afford to drop those types of adversarial clients, all the better.
I have a friend who used to be a large client 3 years ago until his business went bad. He still owes me well into 6 figures (the reason I had to sell my last Camaro) but he has the willingness to pay and I expect I will get paid back every dime but it may take a few years. He has already paid 1/3 of the debt and is clawing his way back. Due to his willingness to pay, he stayed in business when most would have filed BK.
Good discussion here.
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If your talking about respect, your client definitely does not respect you owing you 6 figures. Same with the OP Poster being owed $60k. I don't see anywhere where that is a form of respect. You guys are respecting them sending them product and not being paid for long terms. Respect in business is paying your damn bills and only ordering what you can afford to pay for. Again, this is My opinion.