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This is a question My job: Expectation vs Reality

When I worked as a window cleaner, everybody - and I mean everybody - I knew asked me the "how's yer father" question. The truth was that I was always knackered and freezing, and the only nudity I saw was some fat bloke's arse. Tell us how your work differs from the expectation.

Thanks to Rotating Wobbly Hat for the idea

(, Thu 8 May 2014, 22:21)
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Invoice Discounting
Can be from as little as 0.35% of turnover and interest between 2-3% above base with 90% of the money paid immediately on presentation of invoice and interest only charged until client pays up. Often a better and always cheaper option than factoring - as you retain control of payments and collection of debts, rather than paying a factoring company over the odds to provide those services.

Also found that offering a discounted rate for early payment helped - even with large organisations.

HTH
(, Mon 12 May 2014, 15:18, 1 reply)
I call bullshit, it is Confidential Invoice Discounting. Rates of payout depend on the credit worthiness
of the customer and also whether your company is of good character. It is not a given that a company is given a CID facility. Note to small/medium/large business people - go with Handelsbanken and then you won't need silly facility agreements.
(, Mon 12 May 2014, 16:07, closed)

Company has made it past two years and I assume posted profits for that period. Clients include blue-chip high street retailers, a decent bank could have easily arranged a discounting facility.

Sounds like the OP had his fingers in the till, speccing up sports cars when he should have been making a sound case to the bank to arrange a discounting facility.

Also have struck many a 'time to pay' deal with HMRC to delay PAYE payments - though these days they're nigh on impossible to obtain.
(, Mon 12 May 2014, 16:17, closed)
I wasn't really looking at sports cars.

(, Mon 12 May 2014, 16:18, closed)
two years, yeah the big players will be flocking to your door.

(, Mon 12 May 2014, 17:12, closed)
See also - length of trading history. Typically small businesses won't be eligible until they've been trading for longer than I had when I needed something like this.

(, Mon 12 May 2014, 16:17, closed)
That would be covered on character of the company. Only companies I know that get CID
are ones with a credible FD and truly epic rises in sales.
(, Mon 12 May 2014, 17:10, closed)
why are you even bothering ... it's billy bedroom bullshit
no matter how many holes you poke in his poorly googled twaddle, he'll just keep on keeping on
(, Mon 12 May 2014, 16:46, closed)
I like it.

(, Mon 12 May 2014, 17:07, closed)
pervert

(, Mon 12 May 2014, 18:15, closed)
Never a truer thing said on QofTW

(, Tue 13 May 2014, 10:48, closed)
Someone calls bullshit on a liemallow post?
I'm glad I was sitting down when I read that, otherwise the shock could've made me keel over...
(, Tue 13 May 2014, 8:31, closed)
You obviously missed the point.

(, Tue 13 May 2014, 10:47, closed)

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