Fee for storing hay

The hay needs to be paid for. Storage fees can be collected at time of delivery/pickup.

The buyer should expect to pick out the 200 bales, and they are set aside, no switching.

You need to establish what happens in case the bales are destroyed before delivery - you are responsible for delivering like quality.

You need to establish what happens if they don't want the hay - 10% restocking fee & return the rest of their money, or whatever you wish to do? Keep it all? Whatever, but wise to discuss this.

For paying up front, I would probably charge a fairly low storage fee - unless your building would otherwise be used, then I would charge whatever that use would bring you per square foot.

--->Paul

would depend on several circumstances.....

1) hay is paid for? - if it hasn't been bought, you would still be storing it anyway...but - what if a customer shows up with money in hand for the entire lot??....

2) a "particular" 200 bales bought - or just 200 bales, even if the last 50 is last years.....

3) in the event of "catastophy" to your barn - will you have to 'refund' the money..... ...

4) if sold to a customer that takes immediate delivery, would the space be productive or useful for other purposes.....

5) if hay has not been paid for -- a mild winter -- saving it for only storage fee, could have sold it, but didn't - cause..... now its hay baling time an 'still got 200 bales taking up space in the barn..... .

6) consider all...be fair..... ..above all -- have a very good understanding (preferable written and agreement signed off on - just to prevent hard feelings or "misunderstandings" if nothing else)..... ....repeat customers are 'valuable'

Garry