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Let's talk about something that's been on our minds lately. As a Business Owner how do you react when someone asks you to lower your prices or cut them a deal for the services or product you provide, whilst still offering the same level of service and expertise? 🤔 Sure, there are times when it's a reasonable question, and you can be open to making the odd concession but when it becomes a consistent trend, it's time to pause and ponder, isn't it? 🧐 After all, maintaining quality and output whilst reducing prices isn't always feasible. So, where do you draw the line? Providing Legal guidance and expertise across Terms & Conditions, Contracts, Debt recovery, Will and LPA’s requires extensive knowledge of the law and how it impacts Business. Keeping up to date on the latest changes or requirements takes time as does ensuring all of our clients remain compliant as they grow. However, over recent months we have seen an increase in enquiries where a client have found themselves in hot water and need support urgently. Whilst we always look to be as responsive as possible, often these calls have come with unrealistic expectations over the timeframes it may take to review and advise on a situation but then also the costs of seeking the expertise they need. We pride ourselves on providing transparent and competitive fees (in some circumstances fixed fees or monthly subscriptions) and therefore to find yourself almost having to negotiate or defend your pricing structure, leaves you questioning whether the other party then is happy with you providing half a service. I think we all know the answer to that question! So today we are calling thought-provoking Tuesday and asking have other industries seen an increase in this too? #mckenzieconsultancyandlegal #legalexpertise #legalservices
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How to Identify and Challenge Excessive Legal Costs Scrutinise your invoices - carefully review your invoices to ensure accuracy and transparency. Pay attention to the details, such as the time entries, descriptions of services rendered, and rates charged. If you come across any unclear or ambiguous entries, don't hesitate to seek clarification from your lawyer. A transparent invoice should provide a clear account of the work performed and associated costs, helping you identify any unjustified charges. #lawincheck #checkyourlegalfees #challengeyourlegalfees
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Top 6 reasons why you should not to use a comparison site for cover…… 🫵🏻 1 - You’ll have absolutely no clue who will give the best acceptance. Most people have medical disclosures, and this can affect the cost 💷🤒 2 - There’s a 99.9% chance you will be bombarded with phone calls for the rest of your existence by endless call centres trying to sell you cover 🤦🏻♂️☎️ 3 - You won’t have a dedicated point of contact 🙋🏻♂️ (me) to call, text, email in the future to discuss your cover/needs 4 - You won’t have the access to all the products that an regulated independent adviser has ❌ some business tax efficient covers aren’t available online 5 - Making sure your policies have the correct trust filled in and linked to your cover will almost certainly not happen. 😫 6 - You don’t get to speak to me 😉🙋🏻♂️ I personally think number 6 should be your priority, but whatever! There’s a reason I get endless referrals, I am good at what I do (consider my own trumpet being blown 🎺) Oh and I NEVER charge a fee ❌💷
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#Truestory it happend to me about two years ago - and a little small detail saved the day.. If a client doesn't (want to) pay an invoice. even if the deliverable is there, even if the made a ton of money from it... Some will resort to... lies, twists, turns, ghosting, stalling, go silent, shout, pretend they forgot, blame you, and threaten. And if you are unlucky, once in a while... you may run into one that does all the above. 👀 Fat chance that any discussion or logical argument is going to change their mind, especially if they are low on cash. The realisation that someone will lie, that didn't even occur to me before. This is one of those moments that you want to have a clear as possible contract, and don't give in to the BS. As a tip make sure you have a paragraph in general term that addresses "Failure to fulfill obligations by client" in that you are able to suspend work untill invoice is paid. Otherwise you may end up working for zero, but still be obliged to do the work or get sued. I am no lawyer, but that is brutal. Luckely I did have that clause. #anotherdayinbusiness #contracts #businessadvice Here is a picture of 4 bears in suits.
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Founder, ReadyStackOS | Experts and Solutions Providers team up to launch a BPaaS. Business Process as a Service = Proven Flow Recipes + Video Walk Throughs + Outcome Driven Tech Stack Automations delivered as a Service
Email marketing consultants can apply their process IP into a self-onboarding PLG motion to combat the problems Jordie van Rijn 💙💛 mentions. If on-time payment or payment at all is a concern, package your process into a PLG motion. Client cards are on file, no hours, and ARR. How will you scale your IP in ‘24? SaaShups Automation Advisors #emailmarketing #gtmstrategy #revenuegrowth #revops
#Truestory it happend to me about two years ago - and a little small detail saved the day.. If a client doesn't (want to) pay an invoice. even if the deliverable is there, even if the made a ton of money from it... Some will resort to... lies, twists, turns, ghosting, stalling, go silent, shout, pretend they forgot, blame you, and threaten. And if you are unlucky, once in a while... you may run into one that does all the above. 👀 Fat chance that any discussion or logical argument is going to change their mind, especially if they are low on cash. The realisation that someone will lie, that didn't even occur to me before. This is one of those moments that you want to have a clear as possible contract, and don't give in to the BS. As a tip make sure you have a paragraph in general term that addresses "Failure to fulfill obligations by client" in that you are able to suspend work untill invoice is paid. Otherwise you may end up working for zero, but still be obliged to do the work or get sued. I am no lawyer, but that is brutal. Luckely I did have that clause. #anotherdayinbusiness #contracts #businessadvice Here is a picture of 4 bears in suits.
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Clarity in Billing When dealing with billing, our approach is simple. Make it clear in the early stages. So, there are no unexpected charges. Hence, our potential client got clear ideas about the stages of payment. Clarity at any stage is important. Be honest. Transparency is the key to any dealings. Despite the potential discomfort associated with instances wherein clients seek legal services akin to shopping, it remains imperative to initiate proceedings with an unwavering commitment to clarity. #legal #thursdaylegalthoughts
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📜 Did You Know? Service Agreements Are a Specialized Type of Contract! 💼 💬 We'd love to hear from you! How do service agreements shape your business relationships? Share your insights below! #MitchLawFirm #ContractLaw #BusinessLaw #LegalDocuments #EntrepreneurLife #StartupLaw #SmallBusiness #ClientCommunication #ProtectYourBusiness #ServiceAgreement #FreelanceContract #NDA #TermsAndConditions #ScopeOfWork #Responsibilities #Timelines #PaymentTerms #Clarity #Expectations #AvoidMisunderstandings #Accountability #WinWin #LegalAdvice #LawyersOfInstagram #BusinessTips #ContractNegotiation #InformedDecisions
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Incorporate a detailed breakdown of products or services on your invoices for transparency and clarity. Provide clear descriptions and pricing to avoid any confusion or disputes with clients. Ensure that your invoices comply with legal requirements and reflect the professionalism of your business. #InvoiceTransparency #ClearDescriptions #LegalCompliance
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Do you consider yourself a "customer" or a "client" of the company who deals with your tax/accounts etc? In the accountancy profession, the people who pay us for what we do are universally referred to as "clients" and never "customers". I think the same would apply to solicitors. Is there a difference these days? How do you see yourself?
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What is a Confirmation Statement? All You Need to Know A confirmation statement or the Companies House form CS01 is a business document containing essential information on management, the company's activities, and ownership. Whether your company is trading or dormant, you must file the confirmation statement yearly by the limited liability partnerships and limited companies. This statutory filing was introduced on 30 June 2016, replacing the annual return but serving the same purpose. Failure to submit the confirmation statement may result in severe penalties, so you must provide up-to-date information if your company details change. This blog is an eye-opener to everything you must know when filing a statutory statement with the UK companies' registrar. Learn more ➡️ https://lnkd.in/davV6FRy
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