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How Long Do You Wait for Your $$$$


General Business Discussions

A place to talk about general business discussions.
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  #11  
Old 05-30-2012, 01:21 PM
AkersLawn AkersLawn is offline
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Ya I'm working a few commercial clients, and it is the end of may, and they still owe me for two weeks in march, the whole of april, and now the whole of may. Should I send a payment request letter? Put their account on hold and send a notice ?? This is frustrating. Darn near half my income seems to just be forgotten about.
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  #12  
Old 05-30-2012, 02:05 PM
stevef1201 stevef1201 is offline
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You should have asked when you started what thier payment plan was. I asked and was told that because I would be doing corperate headquarters payment would come in 2 weeks, but some of the other companies have to wait up to 3 months for the billing to go through channels.

BTW I got this account through MY WEBSITE, if you sont have a website you are killing yourself. YUPPIES ( Young Upwardly Mobile Professionals) use the web not the newspaper to find services..,,,oh and I got a third smaller account last week through the websit.
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Old 05-30-2012, 02:07 PM
stevef1201 stevef1201 is offline
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Originally Posted by dpld View Post
i bill ahead so i never wait for money.

the plumber, the electrician, the doctor, the food store and any store in the mall dont give me squat until i pay so why should the landscaper be any different.

in this day and age if you work all month and then bill after the work is done and sit there like a nice little boy waiting to get paid , then you deserve to wait to get paid.
ALL of my contracts are billed at the first of the month for the month. I dont have but three that pay for service and they all pay at the time of service. I love monthly contracts
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Old 05-30-2012, 02:31 PM
SECTLANDSCAPING SECTLANDSCAPING is offline
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Quote:
Originally Posted by stevef1201 View Post
ALL of my contracts are billed at the first of the month for the month. I dont have but three that pay for service and they all pay at the time of service. I love monthly contracts
This is how I bill too. I have one new guy that has been paying mid month for half the work. He then asked when I'm going to trim a 80x8x8 hedge. When you pay mofo!

My payment terms are clear in the contract.

The only time I dont bill this way is when the company has its own contract with payment terms. Thats usually net30.
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Old 05-31-2012, 09:29 AM
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Should I send a payment request letter? Put their account on hold and send a notice ??
What was your agreement with them before you got started?
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Old 05-31-2012, 05:48 PM
AkersLawn AkersLawn is offline
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Well I started in the middle of march, two large commercial properties and I'm making 100$ a week on one, and 50 a week on the other. The small one is minimal work until today.. and the large one is quite a few hours and not too bad of work. But we agreed on bi-weekly payment, and after a 3 or 4 weeks we realized the invoice information was sent to the wrong address, which was really my fault. But i talked to the guy I work for and he told me to email my invoice to his accountant, and they are cutting checks that day. It's been two weeks and I know they got it, but he said he'd take a look at it today and get it back, and for whatever reason I trust the guy.
The small job just sent a complaint in about the weeds, whoever did the install neglected any sort of barrier, ... so guess who gets the re-install
I need to bid that now ... o crap.
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