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96RAF

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If I could offer Mr Grindlay at Model Master any advice, it would be this:

Make it your objective to fulfill any outstanding order as quickly as possible. Work as hard as you can, for as many hours as you can, non-stop, until every single blessed order is sent. Go flat out. Bring in help if you must. Get this behind you.

Your offer, Mr Grindlay, of ½ price is tempting, but there is no indication of backlog. If we place an order now, and pay for it now, when can we expect to see it? 4 months, 6 months or a year from now?

Mr Grindlay, you cannot possibly sell your business for another 3 years or so, until your accounts are brought back to a stable business. Attempting to sell now, with the business in shambles, will result in a fire sale.

Finally, with every order sent, apologize. May I suggest you include a 50% coupon in every shipment, the terms of your current sale, by way of apology and making things right.

Good luck Mr Grindlay, you have a difficult road ahead.

Bee

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I've got no sympathy for him.
Mod edit: your post has been edited as it breached forum rules. R-

 

 

@R, can you please tell me how my post was breaking forum rules when I was merely relaying my experience with this supplier and querying why he chose to act the way he did? I think it's important that people get a balanced view.

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From what I remember when dealing with him, he was very flexible in the 'options', thus variations available - I needed some specific things which just weren't available elsewhere, but let's just say wasn't the best communicator!

With that, I can understand some of the frustrations testing the forum's decorum and protocol!!

Al.

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Hi SoTriangman

Absolutely no surprise the he has taken it back off the market. Bullied Boy has an order outstanding from 2 years ago. A purchaser would have to make good on that order, but the payment is long gone

Essentially, the purchase of the business is a two year backlog of liability. The purchaser not only gets that, but a poisoned well of customer goodwill as the cherry on top.

The only way to sell the business now is piecemeal: the patterns, intellectual property and any machines. Open up under a new establishment, unconnected with the current business. That's a firesale. Perhaps pennies on the pound.

Result: "not for sale"

Bee

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Hello 81F 👋

PayPal expects the seller to ship upon payment. Unlike the shop who took payment for my sheep and horse wagons and then sat on my money for 1½ years.

To encourage shipment, PayPal wants sellers to include a tracking number to a package, a package sent to the buyer's registered address with PayPal. The package must go to that address, not to freight forwarders.¹

When a buyer cancels for non-shipment, a fee is incurred for the seller, just as Yelrow points out. The penalty is taken directly out of the seller's account with PayPal. So instead of a 'no sale' with a £0.00 transaction, there is a net negative against the seller's gross. That is a harsh message to a business. Model Master responded by stating "No PayPal".

The seller can cancel upon receipt without penalty. However, the minute the vendor accepts payment, the meter starts.

Bee

¹A lesson I found out when I tried to do exactly that for some spare parts from a well known spares house. Further, when I attempted to set up another PayPal account with the freight forwarder's address, PayPal kicked it out because the address did not match my credit card.

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I notice the option of using paypal has gone and is now asking for a "bank wire" transfer. Any Idea what this is?

 

 

@81F - others appear to have read your question as why not what.

A bank transfer is when you instruct your bank to pay money directly into another persons account. You can do this in branch, using the telephone, or online - depending upon the banking method(s) you use.

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I am sceptical that he is doing his best. I have had a nameplate on order from him since 22nd March 2020. I have given up trying to get back the £10.44 I paid. My order still says, "Processing" on his website, so I am wondering if it might eventually be supplied. Who knows?

 

 

So that's 3.5 years overdue, and he says he's only been having problems for the past six months.

 

 

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