more than a year ago i went to a wedding where both my partner and i enjoyed the music…
after nagging the other half to find out from his friend who it was that they used… i checked them out (online) and found out that they require an upfront 100% payment.
I wouldn’t have minded so much but after hearing from my partner’s friend that it had costed them $2,000. I’m a tad reluctant to be parting ways with that kind of money.
In today’s world, $2K might not seem like a lot but when you start adding up the costs of everything else that you have to pay upfront, it starts to hurt.
Plus the other factor that concerns me is that any supplier could literally go bankrupt the next day. No industry is safe from today’s economic climate and sometimes, it’s got nothing to do with the tough economic times, it could boil down to bad accounting or just bad debts.
I mean, it surprised the heck out of me when that large bridal store went out of business- sure some could argue that they overcharged etc. But at the end of the day, there were still people buying dresses. And what bites when any company goes into administration is that the money you paid usually means it’s gone. (I’ve worked for a company that went down the gurgler know so I know the process. And being small “creditors” you’d be small fry, which means you’d be the last to recover your money). So the larger the deposit, the more it hurts.
And so, we’ve been hesitant to pass over large sums of cash. The largest being a $1500 deposit for our venue, which still bites but we didn’t have a choice. That’s the standard amount-ish that receptions ask for.
But the idea of a deposit is that once the product/service is performed, you cough up the rest.
In the case of the music band, we would have essentially coughed up the full amount… with no guarantee that they’d do a good job OR rock up to our wedding at all.
and so, we’ve scrapped the idea of using THAT particular band which is kinda disappointing because now I’m back on the hunt for some wedding singers
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