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I just received my first Purchase Order from a school today ... total surprise, no contact, no note, just a PO for a $60 order. I did a little lookup online and they're legit, I'm sure they pay their bills, I'm sure I'd be ok accepting the PO, but ... errr, not sure I want to set a precedent.

I remember a topic on this probably a year ago, but my fumbling understanding of the search function here has failed me again. Seems it was from someone who sold gift baskets or soap ... I can't recall who.

Anyway, nothing on my site implies I extend credit of any sort, but then I guess I don't explicitly say I won't. (On my end anyway, I don't use credit for my business, I only buy IF the money is in the bank).

I don't have anything set up for billing on whatever terms, Net10, Net30, NetWhatever (I prefer NetNOW). I don't have anything setup to maintain or track receivables. I don't have anything setup to follow up on unpaid invoices and the cost of legal help would far exceed any loss I might recover. I'm also really not in the position financially to float much for long ... I mean I'm ok w/ $60, but if I extended credit to many, I'd soon feel the sting of slow payment, and I'm not sure the additional sales would be worth that headache, stress and (my personal bane) the paperwork.

On the other hand ... it's a private school serving young kids ... if they were to become a regular or annual customer it wouldn't hurt my feelings any. Serving them well could potentially give me good exposure and translate into more sales to parents, a large part of my target audience. Maybe it's worth doing just for the potential exposure.

What do other sites typically do concerning POs? It's pretty typical for Institutions like schools to purchase via PO, isn't it? Is it possible this is the only way they are set up to make purchases?

I'll call 'em tomorrow, just thought I might get some feedback first. Thanks


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