I run a Salon within a Hotel complex for just under a year now. When I was negotiating the deal I was asked how to pay the rent whether I invoice them ( Hotel) or them me. I take a percentage of my earnings to give them as rent. I've been fighting for the past 3 months to change the current method of payment (I invoice them) which is by cheque if I'm lucky, to get it the next Tuesday. It takes 4 days to clear and I have bills to pay and girls wages to sort and feel this is an unacceptable amount of time that I should be waiting. Most of the time, I'm running round after staff to get paperwork agreed so the totals tally and then I'm able to get my cheque. So I've requested that I have a pdq machine ( I'm fully aware of the costs as Its from another salon that I am closing) so all the payments are at my end and then I pay the Hotel my share. I just want to be a bit more independant. I feel I have a right to as it is my business, with my stock and my employees, but the Hotel want to have control of the finances. I now get £850 by standing order put into my account each Monday and the difference , if I make does not get given to me till the end of the month? Which is just a complete waste of time as by this point they could owe me about £600 ! Thats if I'm having a good month, if not, I pay them back the difference.
I'm just gettin very despondant with all this and want to know other people's opinion. They already hold onto any gift voucher purchases for the Salon until they are redeemed :cry:!
Thanks for your time.
xx
I'm just gettin very despondant with all this and want to know other people's opinion. They already hold onto any gift voucher purchases for the Salon until they are redeemed :cry:!
Thanks for your time.
xx