I would make sure that I have asked them what their goals are with SFI. If you know what they are looking for out of this business, then you can remind them that in order to achieve what they want, they must treat their business like a business. A standing order is a business expense, and a tax write-off. It is also a personal motivation tool. When somebody has to invest some money or "skin in the game" as I call it, they are much more motivated to work this business. Explain the benefits of a standing order to them. Make sure they understand those benefits. They have a roadmap to where they want to go. You act as a helpful tour guide to get them there. If you are genuine in your desire to help them, then it won't come across as "pressure" to set up a standing order.
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I would make sure that I have asked them what their goals are with SFI. If you know what they are looking for out of this business, then you can remind them that in order to achieve what they want, they must treat their business like a business. A standing order is a business expense, and a tax write-off. It is also a personal motivation tool. When somebody has to invest some money or "skin in the game" as I call it, they are much more motivated to work this business. Explain the benefits ...more
