gbone wrote:
wannabeeahack wrote:
5%?...they told you that or proved that?....
you used to just put the fare through as normal on what the mileage was there were no set rates for account work it was clocked as a normal job and then you would hand your weekly sheet in and it would have 5% taken off and you would collect the cash the following week.
now what these account holders were charged i neither know nor care because it was not my business,but we used to get normal fare - 5%
well that seems fair, the other windup is being told you have to wait 45 days from the job for payment......when the schools pay 14 days EOM, it all maximises the base cash flow
HAVING said that, a floating % rate when it costs as much to admin a £10 job it costs to admin a £200 job is quite smart i suppose....lol, 1 stamp, 1 envelope, 1 A4 printout, and of course all jobs for 1 county could go on one invoice.....
say you had 20 cars working for 1 county, 5 days a week, £20/day = £8000/month, click "print" + post, 5% = £400
add on 20 cars paying £400/wk rent = £32,000/month
now upscale that to a 200 car fleet
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they dont take a percentage either,regardless of when they get paid I have never known them not pay the driver the next week....in all fairness apart from school runs we dont do a great deal of account work,well I dont