Grandfather clause on $$$?  Are you out of your mind?  Let me ask the question this way:  What happens if your provider decides to lower her price for some reason; would you still want to pay the old "grandfathered rate?"  Of course not.  
Let's get down to basics:  It's all about supply and demand - If a girl (or guy) is a good provider and her "demand" goes through the roof, she needs a way to cut her demand to a more reasonable level - i.e. raise her price.  The converse is also true - if a provider's price is too high - she will correspondingly have less demand.  A simplified rule of supply and demand states that equilibrium will eventually be reached.  

The bottom line is this:  Don't be a cheap bastard because your girl wants to raise her rates - it's HER business, and if she wants to raise the bar to accomodate a "higher class of gentlemen," then more power to her.  Be a gentleman, take care of these ladies.  A little bit of tipping goes a LONG way, dumbass!

I do.

-- Modified on 4/11/2005 9:38:53 AM

I hope you don’t mind my chiming in here but since the topic has already been raised…

I don’t understand what makes a provider’s rates any different from a doctor’s visit fee, an attorney’s hourly rate, or the cost for any service/item that rises due to the effects of the economy…

I began driving years ago and (totally unrelated) began smoking in college. I cannot drive into a gas station and purchase gas at the same rate that I did 10 or 15 years ago, nor can I purchase a pack of cigarettes at the $1.75 price that was effective when I began smoking. I have been seeing the same doctor for most of my life & his office visits have increased steadily every few years. My insurance premiums have also skyrocketed and I am still getting the same service I paid much less for a year or two ago.

So I don’t understand why a provider’s fee would be any different, although I “grandfather” my own clients in because it is “expected” of me. Do we, as providers, make rate adjustments because of the economy too, or do we keep taking losses until we can no longer afford to stay in business?

I would love to hear any/all opinions. Maybe I should have begun a new thread?

Thank you!    

-- Modified on 4/11/2005 3:35:01 PM

I used to own a service business and set a policy to regular customers who often repeated the same order, when I increased my prices, I would offer the service 2 additional times at the old rate and would then institute the increase

I know of some providers who grandfather their rates, and others who don't.  To some extent it depends on their objective.  

If the objective is to see more of the old customers and be picky about the new ones, then grandfathering makes sense because it favors the old customers. If the objective is to raise the quality of the clientele, then grandfathering makes no sense because the provider should be trying to reduce the old business and increasing new business.   If it is just to make more money, either may work because of the law of supply and demand, and the provider may decide to experiment and see how she does.

-- Modified on 4/11/2005 2:20:15 PM