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business ethics kweshun
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business ethics kweshun


Apr 1, 2020, 3:16 PM

say an existing biz was purchased...

"client" of business under previous owner calls and says they realized they owed business monies for services provided prior to business acquisition by new owner.

Client is almost insisting that they pay...

Should new owner accept payment?



and no, I don't own a business.
nor am I the client in this story

it's also not a yuge amount of monies

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Part of running a business is collection


Apr 1, 2020, 3:18 PM

Did the previous owner do a good job at collecting? I would think not.

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They did a good job of collecting when they cashed out of


Apr 1, 2020, 3:25 PM

the Beanie Baby business and sold it to DGUARCHITECT

badge-ringofhonor-clemsonsteve02.jpg flag link military_tech thumb_downthumb_up

I'm pretty sure talking about children's toys is a violation


Apr 1, 2020, 3:45 PM

of your parole.

2024 white level member flag link military_tech thumb_downthumb_up

S??? ????? ???? ??? ??????? ?????? ???? ??? ??????,
S??? ????? ?? ?? ???????? ???? ? ??????? ??? ????? ?????..


As long as I don't use and name brands in my erotic


Apr 1, 2020, 3:47 PM

"Reading Rainbow" fan fiction blog, I am free and clear.

badge-ringofhonor-clemsonsteve02.jpg flag link military_tech thumb_downthumb_up

I didn't realize you were "Levar Squirton"***


Apr 1, 2020, 3:57 PM



2024 white level member flag link military_tech thumb_downthumb_up

S??? ????? ???? ??? ??????? ?????? ???? ??? ??????,
S??? ????? ?? ?? ???????? ???? ? ??????? ??? ????? ?????..


Client is probably not wanting the


Apr 1, 2020, 3:19 PM

accounting headache. Maybe they should just find the old owner and pay them. Or pay the new owner and then that person make a charitable donation in the clients name in hopes of causing further accounting issues.

badge-donor-05yr.jpgringofhonor-aero.jpg flag link military_tech thumb_downthumb_up

If you purchase a business with outstanding


Apr 1, 2020, 3:19 PM

accounts receivable it seems like a pretty good business decision to track all that down and get it paid.

2024 purple level memberbadge-donor-15yr.jpgbadge-ringofhonor-fordprefect.jpg flag link military_tech thumb_downthumb_up

Are there other places the customer could go


Apr 1, 2020, 3:21 PM

to get the product?

If so, forgive the debt. If they still insist on paying, tell them they can pay and if they sign a contract for x amount of years the company will give them that amount off in discounts for the life of the contract.

#### I'm good at this.

Trump inauguration GIFs - Get the best GIF on GIPHY

2024 white level memberbadge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

I like your funny words magic man


So if I agree to buy my retread tires from you


Apr 1, 2020, 3:47 PM

for the next 5 years, you'll forgive the $27 I owe you?




2024 white level member flag link military_tech thumb_downthumb_up

S??? ????? ???? ??? ??????? ?????? ???? ??? ??????,
S??? ????? ?? ?? ???????? ???? ? ??????? ??? ????? ?????..


Re: business ethics kweshun


Apr 1, 2020, 3:21 PM

Yes, accept the payment. We deal with customers occasionally where we may have made an invoicing error in their favor but they require us to rebill them correctly for a higher amount because they need budgets/POs/payables to match what's expected on their end. They would rather pay the extra money than have to redo all that on their own end costing more in time than the billing error.

This is only my opinion, and to be fair, we probably needs pics of clients tids to make a final determination.

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Re: business ethics kweshun


Apr 1, 2020, 3:25 PM

I would think outstanding payments-owed would have been purchased when the buyer bought the business. So yes, it is ok to accept.

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No, it is not ethical


Apr 1, 2020, 3:27 PM

to sleep with a tenant in lieu of rent payment

2024 white level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up

MauldinT, where are you???


you sure?


Apr 1, 2020, 4:08 PM

2 of the past 3 months, he's had a hard time....

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Just split the ZJ money with Sheguar


Apr 1, 2020, 3:30 PM

and don't hide it from her

2024 purple level memberringofhonor-greenr.jpg flag link military_tech thumb_downthumb_up

ZJ has some serious juice.


Apr 1, 2020, 3:48 PM

That mf lives on a damnnn apple orchard!

2024 white level member flag link military_tech thumb_downthumb_up

S??? ????? ???? ??? ??????? ?????? ???? ??? ??????,
S??? ????? ?? ?? ???????? ???? ? ??????? ??? ????? ?????..


I guess he has the "sauce" too***


Apr 1, 2020, 3:48 PM



2024 white level member flag link military_tech thumb_downthumb_up

S??? ????? ???? ??? ??????? ?????? ???? ??? ??????,
S??? ????? ?? ?? ???????? ???? ? ??????? ??? ????? ?????..


Re: business ethics kweshun


Apr 1, 2020, 3:38 PM



2024 white level memberbadge-donor-15yr.jpgbadge-ringofhonor-19b.jpg flag link military_tech thumb_downthumb_up

Sounds like you’re missing McLovin!


Apr 1, 2020, 3:41 PM

Shoulda pissed in your own soup... know what I’m mena!

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What was purchased?


Apr 1, 2020, 3:56 PM

Did the new owner buy the Accounts Receivable, or just ongoing relationships? This should be listed in the purchase document as to who owns that $$$. Let the client pay then if the money is owed back to the seller, pay them.

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