Security related Downloads & Templates

Many thanks Mr Devil very Useful docs and start points for both new entrants and those reviewing their own. One thing I constantly go on about are terms and conditions, these should be carefully put together and in particular can restrict some insurance liability and of course tie in your payment terms, remuneration, cancellation and admin charges and so forth.

One thing I have been told has worked in some sectors is when you invoice to add a late payment charge on the original invoice, therefore invoicing more than the agreed figure but offering a discount for payment within your credit terms to encourage prompt payment. Not sure if this is legal but no doubt Carl will tell me if not ;) but seemed a reasonable idea.

Regards


JC
 
CJ-PROTECT said:
Many thanks Mr Devil very Useful docs and start points for both new entrants and those reviewing their own. One thing I constantly go on about are terms and conditions, these should be carefully put together and in particular can restrict some insurance liability and of course tie in your payment terms, remuneration, cancellation and admin charges and so forth.

One thing I have been told has worked in some sectors is when you invoice to add a late payment charge on the original invoice, therefore invoicing more than the agreed figure but offering a discount for payment within your credit terms to encourage prompt payment. Not sure if this is legal but no doubt Carl will tell me if not ;) but seemed a reasonable idea.

Regards


JC
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Well CJ quite frankly mate I am not a legal mind... but again if I were to receive an invoice with an enhanced amount with the assumption that I am going to pay late..? then I wouldn't pay it.

A discount should be as it is described, a discount on the original sum agreed, which I agree, can be used to encourage prompt payment.

A little advice for the newcomers to business... If you have dealt with a company or Firm and you are making a demand for money, never address that invoice to an individual within the company or Firm. Address it to the department or the company... trust that this makes sense.

You make some good points CJ with regards to terms and conditions but the most important thing when delaing with debtors is to have an effective debt collection system... from the information on your original Invoice being correct, to Account statements and Final demands.

Saying all that you can avoid trauma in late payments etc by, in the initial stages, working on proforma, conducting some research on the company or by conducting a credit reference check..?

CD
 
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Carl Dowd said:
Well CJ quite frankly mate I am not a legal mind... but again if I were to receive an invoice with an enhanced amount with the assumption that I am going to pay late..? then I wouldn't pay it.

A discount should be as it is described, a discount on the original sum agreed, which I agree, can be used to encourage prompt payment.

A little advice for the newcomers to business... If you have dealt with a company or Firm and you are making a demand for money, never address that invoice to an individual within the company or Firm. Address it to the department or the company... trust that this makes sense.

You make some good points CJ with regards to terms and conditions but the most important thing when delaing with debtors is to have an effective debt collection system... from the information on your original Invoice being correct, to Account statements and Final demands.

Saying all that you can avoid trauma in late payments etc by, in the initial stages, working on proforma, conducting some research on the company or by conducting a credit reference check..?

CD
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The principle of proforma is good, but what about when you play with the big boys - the government, the councils, the multinationals, and their payment terms are dictated by them if you want the work?

Bubba
 
Bubba said:
The principle of proforma is good, but what about when you play with the big boys - the government, the councils, the multinationals, and their payment terms are dictated by them if you want the work?

Bubba
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Government and councils are governed by an Act... and they must pay you within 30 days so your risk assessment for non-payment is a minimal risk...

And... nobody dictates your payment terms Bubba... they may decide to pay you late or they may decide to not pay you at all..? but one has nothing to do with the other.
In 24 years, and I have dealt with all sorts of companies nobody has dictated to me my terms. They have paid me late yes and in the Oil industry you can wait 90-120 days for your money.

I'll give you another example Bubba also. There is a guy who has just joined here who is about to leave the Army and has set himself up in Business with a Limited Liability company. Good luck to him I of course wish him well....I can absolutely guarantee you that anyone, not just this guy because I do not know him, but anyone coming to us with that history of a long military career, no business experience, no business credit history and protected by Limited Liability would NOT get a credit facility with RTD Group of small enterprises... I don't care how much they wanted to spend or what they were promising us... the RISK is to great..!

CD
 
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Good day fellow members,

It seems my uploading of the bba invoice template has raised quite a few interesting and very informative issues.
I very much welcome this information thankyou.
I too have learnt quite a few things in regards of this.

Thanks fellow members.

Regards

D
 
Knowledge is a priceless skill ...!

You'll excuse me Ilyas if I say that I don't quite get that one mate...

Have you heard..?

"A little knowledge is dangerous"?
 
Good to see the forum wielding some positivity Thanks for starting the ball rolling Mr Devil, it is very much appreciated, this is what the industry needs is more people willing to share thier knowledge and experiences to keep this information live and upto date. Knowledge is power!!!!

Many thanks again!!

WayneM
 
Medal for dance_with_the_devil - Services rendered to the forum!

Have a medal for your selfless commitment to the forum matey!

Good stuff.

Never even knew this one bobbing about in the forum.

CM

Dance_with_the_devil said:
Hi Fellow Members,

I thought I'd share a variety of security related downloads and templates I have downloaded from another well known security website.

Please Note,
I am not the creator of these documents and do not take any credit for the information contained.

I am merely passing on the "wealth" as it were to other like minded members of the security fraternity.

Please feel free to use, scan, cut and paste, or reduce in size to a handy pocket crib card to help in your line of work.

Stay Safe

Regards

D
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