I can’t believe how many people are still not doing this!!! DEPOSIT, DEPOSIT, DEPOSIT…
No IFs, no BUTs, just do it and in 3 months’ time you will be kicking yourself as to why you didn’t do it sooner (and no they don’t get their money/deposit back if they have the bad manners to not give you at least 24/48 hours’ notice).
So you’re asking yourself now, but what if it scares my customers off!?
Good as that’s the idea, the ones who are flaky and can’t commit or who will let you down, will be very nervous about paying this, and this is great as you soon get rid of the people who mess you about and make it hard to run a successful business!
Next your thinking, so how much deposit should I take?
Again, this is simple, you should always be aiming for 50% and if they kick up a fuss and only then, let them know that you will make an exception for them and will only take 25%.
Deposit taking is that simple, please don’t try to make it more complicated than it needs to be!