Ok… so first time business owner here and I made a big mistake. I was working on an order for a client. They received the invoice and there was a promise to pay. The invoice was forwarded to purchasing and I was told a check was being cut.
I started working on the order. I then followed up and found out that a higher up canceled the payment. I have been unsuccessful with getting them to reissue the payment.
What should I do with the product that I started? I thought about sending a few to them so that they can see what they are missing out on.
So, the assistant director approved the purchase order… i was given an RO. I was told it was sent to purchasing for payment. I followed up a few weeks later and the director put a nix to it.
Cost to me: $1500
Sales price: $2500
I am aware that I can write it off but I’d rather sell it to them since it was a custom order. The assistant director is on board with paying the invoice by the director is holding it up.