Re: deposit

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Posted by Sam Sears, CEC on October 22, 19100 at 22:06:36 :

In Reply to: deposit posted by smokey on October 22, 19100 at 09:37:36 :

: we are scheduling caterings 6 mos in advance. We require 1/2 down and 1/2 on the day of the event. However when scheduling an catering job 4 or 6 month in advance some companies have yet to budget for the catering. How would you handle? Should we charge say $100 to hold the date for that far in advance? Worried about setting those dates aside and then company cancelling later. Should we make the $100 deposit none refundable.
: Help.

In our firm, we require a non-refundable deposit, 25% of estimated billing, with signed contract to confirm date & time, final guarantee of guests attending 4 working days out, if over $15,000, due on day of event, if not will invoice on a NET 14 basis, with approved credit.......hope this helps......PS go over to Catersource Forums and see a thread about not requiring deposits and the diaster this can cause, 99% of clients, social, corporate & others, fully expect to put down $$$..........sam sears, cec


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