often in the course of any economic activity, the question arises, how payment for work performed or services rendered from two popular: postpay and prepay - better?Try to understand this article with these two terms.
Comparison of different forms of payment
the question: "What form of payment is better?" - Answer any businessman finds himself alone.Also, each of the entities can choose a convenient payment for themselves.It can be both prepaid and post-pay.What is it possible to determine the meaning of the word itself.For a deeper understanding of the term is necessary to consider it as an example of certain activities of economic entities.
Prepayment
So, what is prepayment?These are some of the amount that is transferred to the seller at the initial stage as an advance payment for work performed or goods supplied in the future.A positive aspect in this form of payment is the seller confidence in the fact that it "is not thrown."With a sense of fun and work.However, there is a sense of duty, and sometimes start to annoy customers with questions about the status of the work.Especially, this situation may occur if the buyer has not yet formed a reputation in the domestic market.An experienced businessman, mainly established for serious partners to trust him.
There are different sizes of payment: 30%, 50% and sometimes 100% of the agreed amount.The best option is considered to be an advance payment in the amount of half the cost of the order.If we focus on the 100% payment, then you may lose potential customers, especially at the initial stage of development of the professional activity.
Postpay
What is it, and how this form of payment for the right to use?Often, companies practice this form of payment for a few days (sometimes up to 20) after the receipt of goods or services.Firstly, the effectiveness of postpay associated with a significant reduction in labor costs since the vendor must be put only one set of documents, and the buyer - a time to carry out the passage through the internal procedures during the payment.A sufficient condition for successful interaction is mentioned in the post-pay contract.Second, this form of payment can significantly reduce the risk of non-receipt of the goods or services of the desired quality.And finally, thirdly, many financiers say about such a form as postpay that this is the effective tool that allows you to organize financial flows.Therefore, to achieve financial stability can only be comparing the cash inflows from financial liabilities.
Thus, the importance of good financial planning for any business entity is very large, and postpay in this process have a role.The same financial reliability and the ability to manage their own financial flows expected from the other party of economic relations - the supplier.
Ordering goods
By the acquisition, each buyer is faced with the question of what to choose the terms of payment.In other words, when it is to pay for the goods: before or after its preparation.Most people believed that it would be better postpay, it must ensure that the goods on hand.Often, however, stores (eg, the World Wide Web) only work on full prepayment, which causes a certain distrust on the part of buyers.
Postpay in advertising
Unfortunately, this form of payment is one of the major factors that hinder the development of the advertising industry.This is due to the inability to make a new order to obtain payment for the completion of the previous project.
Postpay can give rise to such a problem of the advertising market, as the lack of working capital.Of course, there are fundamental ways to combat it: the failure to pay the rent, delayed wages, trying to postpone the holiday or borrow money from friends.However, all these methods ultimately lead to the closure.
Therefore, as a "lifeline" can offer the use of factoring, in which all problems can turn into advantages.
First, factoring is not necessary when applying for a loan collateral.As the supporting documents are false or acts of acceptance, certified by the parties.For factors such documents are recognized as proof of the customer obligations, and under this he will be able to issue paper money.
Secondly, many advertising agencies have one or two large customers.Factors do not make much effort to check the ability to pay.Therefore, this fact significantly increases the chances of an advertising agency to obtain the necessary financing.
Third, the advertising agency immediately after the execution of the order can get 90% of its value.And the rest of the money already transferred after the factor charges the full amount of the customer and keeps a commission.
Summing up the material in this article, it should be noted that the use of both prepaid and postpaid is a choice only of the participants of economic relations.
