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bad payers need to be criminalised. at present, it's a civil matter, but if a customer has no intention of paying, then it's fraud as he has obtained goods and services by deception. application of handcuffs would soon open the bugger's wallet.
 
bad payers need to be criminalised. at present, it's a civil matter, but if a customer has no intention of paying, then it's fraud as he has obtained goods and services by deception. application of handcuffs would soon open the bugger's wallet.
THis then gets into a internet forum type fight .Where lots of people say never ever pay for anything until its all completed .Then others say pay for materials once arrived on site . Then others want a deposit to start work etc and stage payments etc .The whole debate is messy
 
THis then gets into a internet forum type fight .Where lots of people say never ever pay for anything until its all completed .Then others say pay for materials once arrived on site . Then others want a deposit to start work etc and stage payments etc .The whole debate is messy

Stage payments have got to be the best for big jobs.
 
Stage payments have got to be the best for big jobs.
Must have been around ten years now, I came up with a concept which would have ended all of this forever, for all the trades - guaranteed peace of mind for both parties in terms of the client getting a good job and the supplier knowing they'd get paid. A friend who worked high up in banking thought it was amazing and pitched it to some city investors he knew, who also thought it an amazing idea. Sadly, the devil in the detail decided that it would be a financial service product which would mean it would come under the licences and regulations of the FSA and so at which point the trail went dry because nobody was going to fork out roughly £5m in startup costs just for the admin, insurances and licenses alone, before even being able to sell the concept to the market. As they reported back to me, legally and beaurocratically it would be little different to creating a new high street bank - but they all loved the idea. It would also have made a lot of solicitors pointless, which can only be a good thing.
 
Must have been around ten years now, I came up with a concept which would have ended all of this forever, for all the trades - guaranteed peace of mind for both parties in terms of the client getting a good job and the supplier knowing they'd get paid. A friend who worked high up in banking thought it was amazing and pitched it to some city investors he knew, who also thought it an amazing idea. Sadly, the devil in the detail decided that it would be a financial service product which would mean it would come under the licences and regulations of the FSA and so at which point the trail went dry because nobody was going to fork out roughly £5m in startup costs just for the admin, insurances and licenses alone, before even being able to sell the concept to the market. As they reported back to me, legally and beaurocratically it would be little different to creating a new high street bank - but they all loved the idea. It would also have made a lot of solicitors pointless, which can only be a good thing.

Sounds interesting
 

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