Originally posted by 284878
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Originally posted by 284878
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I just wanted to comment on the bolded part above
I used to think like that too but I went to a class one time about something similar and the first thing they asked us was would we be more apt to borrow a complete stranger $50 or a family member/friend? Almost everyone said never a stranger...only someone they know/trust.
Then they asked, then why waive the late fee for a "new" family when they have yet to build trust with you?
They should "earn" that ability to have a fee waived before you ever consider doing so.
If you approach things from that perspective (borrowing money or time to a stranger) you will set a precedent as to how you run your business and new clients will know you mean business because you are a business.
Save the "get out of jail free" cards for families who have built a trusting relationship with you.
I've never looked at my business policies the same way since...
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