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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1830 |
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Almost all residential, though. And then 18% past 15 days. This probably doesn't work for commercial work, but it works beautifully for us." The notion of a down payment before services were rendered was confirmed by Fugate (2005) who advised that small business owners who rely on the timeliness of payment to maintain the operations of their organization first obtain 25% to 50% up front...
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She notes, "Even if your client is a little slow to pay, you won't go hungry. An advance can also be a helpful clue to your client's solvency or lack thereof--after all, if the company has trouble coughing up this first payment, do you really want to work for them?"
Another contributor to Ground Trades XChange wrote that putting a lien against his delinquent clients resolves "about 95% of the issues" he faces in collecting monies due...
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Joe's Landscaping and Equipment Rental Business
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