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The only items I will negotiate on are high end items such as cars and boats, or new/used items found in classifieds. I simply will not haggle on someone's fees (service) because it irritates me when people try to do it to me.
The only items I will negotiate on are high end items such as cars and boats, or new/used items found in classifieds. I simply will not haggle on someone's fees (service) because it irritates me when people try to do it to me.
I'm in a service industry where we are all free to charge what we feel we are worth. I welcome "hagglers" and negotiators.
The only items I will negotiate on are high end items such as cars and boats, or new/used items found in classifieds. I simply will not haggle on someone's fees (service) because it irritates me when people try to do it to me.
But you never know when your business might be slow, and you'd be very happy to have some business. Even at 75% of your normal fee, that would be better than no work at all, eh?
But you never know when your business might be slow, and you'd be very happy to have some business. Even at 75% of your normal fee, that would be better than no work at all, eh?
We will give breaks to existing clients. If a prospective client walks in and asks us to only charge 75% of our normal rates, we welcome them to go hire a less qualified firm and/or one that will not bend over backwards to meet their needs. Besides, our experience is that the "hagglers" are the most demanding and can rarely be pleased regardless of what they actually end up paying.
The only items I will negotiate on are high end items such as cars and boats, or new/used items found in classifieds. I simply will not haggle on someone's fees (service) because it irritates me when people try to do it to me.
But you never know when your business might be slow, and you'd be very happy to have some business. Even at 75% of your normal fee, that would be better than no work at all, eh?
Not necessarily.
Many of my CPA friends went through their list of clients a few years ago and culled their list of unprofitable clients. They found that in general, those paying less per engagement generally demanded more hand holding than their most profitable clients.
Personally, most professionals would do better spending their time guerrilla marketing for customers who value their services than to take on a bunch of "low balling" clients.
You (GJBenn85 & jlawrence01 ) both missed my point. I'm talking about a downturn in your businesss, a time when business is s-l-o-w or non existent, and business is hard to come by. Neither of you are apparently in that situation.
You (GJBenn85 & jlawrence01 ) both missed my point. I'm talking about a downturn in your businesss, a time when business is s-l-o-w or non existent, and business is hard to come by. Neither of you are apparently in that situation.
You are right, my firm has not been seriously affected. We experienced a downturn in 2008 but those lost clients could no longer afford our services at any rate.
A reduction in our rates, regardless of circumstances, will only be at our discretion. It will not be at the demand of a prospective client who feels the need to negotiate prior to an engagement (as related to the topic of this thread).
My husband haggled with Furniture Row, bought 2 sofas and they gave us 2 end tables...it took an effort, but I kept my mouth shut and walked away. It was wierd for me, but hubby was ready to walk out the door if they said no.
You (GJBenn85 & jlawrence01 ) both missed my point. I'm talking about a downturn in your businesss, a time when business is s-l-o-w or non existent, and business is hard to come by. Neither of you are apparently in that situation.
The more you discount, the more difficult it is pass through price during good times. Every dollar you discount your services is a dollar you reduce your profits.
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