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 Refusing to do more jobs for companies
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jbelmont

California
3106 Posts

Posted - 03/10/2009 :  2:59:14 PM  Show Profile  Visit jbelmont's Homepage  Reply with Quote
In my experience, its the companies you know the best that you should trust the least. A company could start out paying you regularly. One they gain your trust, they might start stringing you along. Personal knowledge is a form of deception. A good track record in your personal experience is better than nothing, but a good track record on the forums stands for a much more comprehensive track record.

In short. Research companies based on OTHER people's experience in addition to refering to your personal track record with them, and don't extend too much credit even to companies that seem trustworthy. If they are that trustworthy they wouldn't need much credit to begin with.

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Lee-AR

Arkansas
678 Posts

Posted - 03/07/2009 :  10:11:24 AM  Show Profile  Reply with Quote
Absolutely set credit limits based upon your research of the company.
Sad to say, but there are companies out there who will give you a lot of business over a short period of time, not pay you & move on to the next notary. Others who only pay after you've spent a lot of time & effort on collection. It's your business...run it like one.

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Lisa T.

California
391 Posts

Posted - 03/06/2009 :  10:09:15 AM  Show Profile  Visit Lisa T.'s Homepage  Reply with Quote
It's wise to set a credit limit of how much you're willing to extend to a company before you expect payment. If the business relationship with that company is new, definitely set a limit. Let's see their track record. If not, you'll end up with accounts receivables that are ready for the collection folder. If I refuse the work while waiting for payment, I don't consider that a loss because I never did the work - it was really only potential. I do consider it a loss to have expended effort, time, gasoline, printing, supplies, etc., and not receive payment.
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jbelmont

California
3106 Posts

Posted - 11/02/2004 :  09:45:10 AM  Show Profile  Visit jbelmont's Homepage  Reply with Quote
If you feel a company owes you too much, or is too late about paying for certain jobs, you might consider refusing work from them until they are paid up. That puts the pressure on them. It also gets you lower on their list of "cooperative" (pushover) notaries. So the choice is yours and there is an upside and downside to refusing the jobs.
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