Setting A Madison Hours Acceptance Policy

Business owners have complete control over how many Hours they accept, and can change their acceptance policies to meet their needs. The number of Hours accepted varies from business to business, and each owner sets his or her own policy.

We recommend that you begin with a conservative acceptance policy, and increase your acceptance rate as you develop outlets for spending the Hours you take in. Here are a few of the many ways participating businesses have structured their acceptance policies:

1. As straight percentage of each purchase.
  • We'll take up to 20% of your bill in Hours, and the rest in dollars.

2. As percentage with conditions.
  • We accept 15% Hours on purchases over $10, or
  • We accept 15% Hours on purchases made on weekdays.

3. As flat limit on Hours per purchase.
  • We take up to 1/2 HOUR per purchase.

4. As flat limit with conditions.
  • We accept up to 1/2 HOUR on purchases over $15, or
  • We accept up to 1/2 HOUR on purchases before noon.

5. As daily limit on Hours.
  • We accept a total of up to 3 Hours per day.

6. As a pricing mechanism for specials.
  • All red-tag items are 1/2 HOUR each.

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