Unfortunately at the moment, it's a case of playing ball and keeping the clients happy however possible, or facing a roasting on social media which is going to kill your reputation.
We're in "unprecedented" times at the moment. And a certain Mr Lewis isn't helping things with his dud information
I'm "lucky" if such a thing exists at the moment. We built up considerable savings over many years to see us through the bad times when I finally took the plunge into full time last April (not quite as bad as now but hey ho). I realised very early doors that this thing is going to have us off the road for a good time yet, took on a job (urgh....I WANT to be self employed.....not PAYE) and have stopped the savings bleeding away.
I've moved all bar one couple to next year and moved their payment dates as well (customer service and a good rep in my book is a huge thing....especially when local venues are being absolutely ROASTED online for doing what's legally right). I've refunded the deposit (in full) on one party because it was less hassle.
I
could have taken advance payments (many offered), but turned them down. Why? Because if this Covid thing is here for a while (which I suspect it is), it's much easier to find the odd £50 deposit and refund it than several hundred pounds and potentially bankrupt myself.
The upside is that many of the big players on my patch have given up hope, sold up (or are trying to at least), and moved on to different revenue streams. There's going to be a huge gap in the market when we're allowed out again and trust me, I'm ready to bring the business out of hibernation and fill that gap!