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Farm Business
Agricultural Matters
Cash is King or Not?
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<blockquote data-quote="smcapstick" data-source="post: 7744525" data-attributes="member: 2924"><p>Here’s the thing - I no point did I say I wouldn’t accept cash or cheques. I simply prefer the other two methods of payment mentioned.</p><p></p><p>It’s the attitude of cash men I often find distasteful. All, and I really do mean all, expect me to ‘lose’ the VAT. Not happening. </p><p>In addition, if a customer starts shouting at you because you would rather be paid by card or transfer than receive an ASDA bag full of cash, do you really want to sell them a complicated machine? I don’t. If they scream about that, what else will they scream about? They got a puncture one month after purchase and want me to pay for the repair? The paint has faded, they want a respray? They found another one cheaper and want to send this one back, even though they’ve had it five months? These things really happen.</p><p></p><p>Customers should always vet suppliers. Likewise, savvy suppliers vet customers.</p><p></p><p>It’s not necessarily the cash I dislike. It’s the attitude behind it.</p><p></p><p>Also, cheques are slow as flip!</p></blockquote><p></p>
[QUOTE="smcapstick, post: 7744525, member: 2924"] Here’s the thing - I no point did I say I wouldn’t accept cash or cheques. I simply prefer the other two methods of payment mentioned. It’s the attitude of cash men I often find distasteful. All, and I really do mean all, expect me to ‘lose’ the VAT. Not happening. In addition, if a customer starts shouting at you because you would rather be paid by card or transfer than receive an ASDA bag full of cash, do you really want to sell them a complicated machine? I don’t. If they scream about that, what else will they scream about? They got a puncture one month after purchase and want me to pay for the repair? The paint has faded, they want a respray? They found another one cheaper and want to send this one back, even though they’ve had it five months? These things really happen. Customers should always vet suppliers. Likewise, savvy suppliers vet customers. It’s not necessarily the cash I dislike. It’s the attitude behind it. Also, cheques are slow as flip! [/QUOTE]
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Cash is King or Not?
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