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Pros & Cons - 4 weekly vs 8 weekly

8 weekly pros
1. You can charge more, whether it's a couple of quid or 50% you still can. This means you earn more money.

2. More customers means less loss of income when you lose one.

Cons

1. Takes longer to build a round.

2. Takes longer to admin and get paid. More customers mean more to chase up and manage.

3. You have to be carefull to spread the load evenly over your weeks. No point having a days work in one area then next time round having a day and a half.

I started off 4 weekly only ro buold quicker but now I'm happy to take both but always charge a bit more for 8 weekly sometimes it's just a couple of quid sometimes more depends what I think I can get away with.
Good points there Adam! I guess that's why if you really want to go big time in domestic (like these 10k+ rounds you hear about) you nave to have the majority on GoCardless, otherwise chasing payment must be someone's full time job :rofl:

 
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