Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Business > General Business Discussions

General Business Discussions A place to talk about general business discussions.

How Long Do You Wait for Your $$$$


General Business Discussions

A place to talk about general business discussions.
Reply
 
Thread Tools Search this Thread
  #1  
Old 02-10-2012, 05:24 PM
breslinnet breslinnet is offline
Junior Member
 
Join Date: Aug 2009
Location: NW Arkansas
Posts: 12
Rep Power: 6
breslinnet is on a distinguished road
Default How Long Do You Wait for Your $$$$

I am sure this question and answers are here somewhere but maybe not recently. My focus in last year has changed from a primarily lawncare/landscape service w/secondary services to primarily window washing with landscape/lawn maintenance as secondary. This is due to purchase of an existing company with a large customer base.
Anyway, I am curious in referance to commercial monthly clients how long you should wait for payment when you operate as "due on receipt" Next question then is at what point you send a remider without appearing desperate or pushy and do you perform the next months service w/out receipt of prior months payment??
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #2  
Old 02-11-2012, 06:38 AM
Ducke's Avatar
Ducke Ducke is offline
new member
 
Join Date: Nov 2010
Location: The Duck Pond
Posts: 844
Rep Power: 0
Ducke is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
All my contracts state Net 30 Days. 2% ad daily there after.
Reply With Quote
  #3  
Old 02-11-2012, 07:16 AM
dpld dpld is offline
new member
 
Join Date: Jan 2012
Location: nj
Posts: 885
Rep Power: 0
dpld is on a distinguished road
Default

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.
Reply With Quote
  #4  
Old 02-11-2012, 10:44 AM
CHEESE2009 CHEESE2009 is offline
Dr. Scott - Ruler of the Underworld
 
Join Date: Mar 2009
Location: Switzerland, Grindelwald
Age: 74
Posts: 4,475
Rep Power: 0
CHEESE2009 is on a distinguished road
Default

Quote:
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.

^ It's sad that most clients have a hard time understanding this logic. Funny, but really sad.

Also, if you don't charge in advance and you 'wait', The client might pretend to have forgotten about you, and will never pay up unless confronted. Sneaky buggers.
Reply With Quote
  #5  
Old 02-11-2012, 05:06 PM
Ducke's Avatar
Ducke Ducke is offline
new member
 
Join Date: Nov 2010
Location: The Duck Pond
Posts: 844
Rep Power: 0
Ducke is on a distinguished road
Default

Quote:
Originally Posted by Ducke View Post
All my contracts state Net 30 Days. 2% ad daily there after.
Theabove is just for commercial jobs
Joe Home owner pays up front on at time of mowing.
Reply With Quote
  #6  
Old 02-11-2012, 06:13 PM
Hedgemaster Hedgemaster is offline
new member
 
Join Date: Jul 2010
Location: Pittsburgh, PA
Posts: 2,772
Rep Power: 0
Hedgemaster is on a distinguished road
Default

I don't have a contract for clients to sign yet (Bad Hedgemasted, BAD!), so I can't really ask for "X" more for paying late.

My options are pre-pay, or pay at time of service. I generally won't cut again unless payment is current. I have, on occasion, but only for those who I know are good for it - everyone forgets once in a while.

When you are set up to collect at time of service, you have to accept that sometimes people do forget to leave your money out for you and you'll have to deal with it the best you can. I've found that most of my clients will actually leave me MORE than is due when I come by the next week as an "apology" for not having my pay out the prior week.

The problem with letting people slide is that after three or four missed payments, they have to reach in the wallet for a sizable lump of cash, and depending on the client's financial situation, it could prompt them to rethink things.... "Hmmm... maybe every OTHER week would be better?"
Reply With Quote
  #7  
Old 02-11-2012, 06:52 PM
jymie's Avatar
jymie jymie is offline
Senior Member
 
Join Date: Aug 2008
Location: Hamburg New York
Posts: 912
Rep Power: 7
jymie is on a distinguished road
Default

It is common for a commercial account to pay within 30 days of getting the invoice, so in actuality, you can expect to wait 60 days from the first cut. You service them one month, send a bill for that service you just performed, then it should be paid by the end of the next month. Ex. you serviced them the month of May, send an invoice on May 30, that invoice should be paid for by June 30, for the month of Mays services.
Reply With Quote
  #8  
Old 02-11-2012, 06:54 PM
Hedgemaster Hedgemaster is offline
new member
 
Join Date: Jul 2010
Location: Pittsburgh, PA
Posts: 2,772
Rep Power: 0
Hedgemaster is on a distinguished road
Default

My apologies. I missed that this was about commercial accounts - of which I have none.

Reply With Quote
  #9  
Old 02-11-2012, 07:22 PM
bruces bruces is offline
new member
 
Join Date: Apr 2010
Posts: 828
Rep Power: 0
bruces is on a distinguished road
Default

actually with commercial ,its common for them to pay in 30,60,90 days ,which is why whenever I am looking at commercial properties the first question I ask is what payment schedule they are on so I can adjust my price or my middle finger according to my being interested in the work .Generally the larger the company, the slower they pay ,but there are always exceptions [beer companies pay within a week for instance ] .
Reply With Quote
  #10  
Old 02-13-2012, 01:57 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,356
Rep Power: 10
Steve has disabled reputation
Default

Quote:
i bill ahead so i never wait for money.
When you see commercial customers wanting to not pay for 30, 60, or 90 days, what is your advice on the best way to get them to prepay?

I would think, if they have gotten used to paying much later with previous lawn care companies, they wouldn't be too keen on paying before hand.
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
How Long Should It Take? GREENER CUT LAWNCARE LLC. Online Lawn Care Estimator - Help me bid this job 11 04-19-2011 05:35 PM
How Long Did It Take you NewLeafca General Talk 12 06-27-2010 10:40 PM
Expect long wait, high prices for Steve Lawn Maintenance / Lawn Renovation 2 05-10-2006 05:18 PM
It pays to wait....no seriously tiedeman General Business Discussions 4 03-31-2006 03:32 PM
Been lurking long enough All_Clear General Business Discussions 5 02-01-2006 03:46 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
how to make customers...
Bradcook21
Today 05:04 PM
Today 05:34 PM
by jrs.landscaping
1 22
Things your lawn care...
Steve
Today 11:48 AM
Today 11:48 AM
by Steve
0 28
I can't believe people...
ExtremeLawncareServices
05-25-2015 10:29 AM
Today 11:45 AM
by jrs.landscaping
9 227
Show us your stripes
Just for Cuts
05-21-2015 03:07 PM
Today 11:35 AM
by Steve
5 164
What a JERK!
Chilehead
05-06-2015 08:13 AM
Today 11:28 AM
by Steve
14 742
Pissed off customers
stonegatedesigns
Yesterday 05:29 PM
Today 11:26 AM
by Steve
3 105
Great start to the season
jcurr33
05-25-2015 08:49 PM
Yesterday 01:50 PM
by Steve
2 78
uploading video on here?
holymoly
05-24-2015 08:13 AM
Yesterday 01:37 PM
by Steve
2 86
new here ! need help
pgrace
05-23-2015 11:29 PM
Yesterday 01:35 PM
by Steve
1 91
Equipment dealers
mattthelawnguy
05-21-2015 04:33 PM
Yesterday 01:32 PM
by Steve
4 142
What's your next...
Steve
05-15-2015 11:54 AM
Yesterday 01:25 PM
by Steve
14 381
problems with a customer
LawnCareMan280
05-19-2015 06:28 PM
Yesterday 01:22 PM
by Steve
5 208
More Rain or Less?
Steve
05-20-2015 12:06 PM
05-24-2015 04:37 PM
by SGL1
12 270
Irrigation
pboy8634
02-21-2010 12:46 PM
05-22-2015 10:05 PM
by biglee
25 8,454
Beginner Mistakes:...
Steve
01-31-2007 11:45 AM
05-22-2015 09:58 PM
by biglee
37 9,176
Peace garden ideas
SGL1
05-13-2015 03:15 PM
05-21-2015 07:51 PM
by avetslawncare
16 520
These are the days on...
ExtremeLawncareServices
01-11-2015 10:41 AM
05-20-2015 09:18 PM
by ExtremeLawncareServices
84 6,855
Total yard rehab
SGL1
04-23-2015 03:59 PM
05-19-2015 08:22 PM
by SGL1
15 826
Say Hello !!!
Steve
03-19-2007 11:18 AM
05-19-2015 04:12 PM
by NinaMarie86
1,223 389,992
New Lawn Service
carmelitaslawnservice
05-19-2015 10:02 AM
05-19-2015 02:51 PM
by Steve
1 126
Landscaper Jailed After...
SGL1
05-18-2015 08:15 AM
05-19-2015 02:37 PM
by Steve
5 229
Pictures of commercial...
avetslawncare
04-01-2015 09:47 PM
05-19-2015 02:29 PM
by Steve
38 2,030
feeling like im being...
Bradcook21
05-17-2015 07:33 AM
05-19-2015 02:11 PM
by Steve
6 236
good news yesterday
Bradcook21
05-17-2015 07:08 AM
05-19-2015 06:16 AM
by Bradcook21
3 167
ignition coil
jasonw
05-12-2015 05:31 PM
05-18-2015 12:07 PM
by Steve
3 281
Anyone need help? I have...
biglee
05-06-2015 12:22 PM
05-18-2015 12:06 PM
by Steve
13 712
Big (to me) mulch job
tl757
04-23-2015 05:32 PM
05-15-2015 08:46 PM
by biglee
22 1,516
big dog mowers?
Bradcook21
05-13-2015 04:03 PM
05-14-2015 10:55 AM
by Steve
4 304
Small HOA Bid
lxarth
05-06-2015 10:37 PM
05-13-2015 11:55 AM
by Steve
9 531
New company in Michigan
SEM
04-24-2015 09:27 PM
05-13-2015 11:51 AM
by Steve
11 662
Fired for refusing to...
Mr. Mow
05-09-2015 06:15 AM
05-12-2015 01:36 PM
by Steve
6 526
I have ZERO confidence...
Just for Cuts
05-01-2015 04:24 PM
05-12-2015 03:53 AM
by jrs.landscaping
31 1,132
landscape insurance
clarkslawn
03-30-2015 10:14 PM
05-11-2015 01:15 PM
by Steve
6 1,041
String trim BEFORE mow...
Mr. Mow
04-12-2015 08:13 AM
05-10-2015 07:50 PM
by ExtremeLawncareServices
9 1,084
Bought my first STIHL...
Mr. Mow
05-09-2015 06:29 AM
05-10-2015 08:36 AM
by Mr. Mow
9 435
advice wanted please and...
CHenricks
05-07-2015 08:40 PM
05-08-2015 04:20 PM
by CHenricks
7 450
Hello
SallyBorowicz
05-06-2015 11:14 AM
05-08-2015 02:21 PM
by Steve
3 361
Mower Advice
tl757
05-06-2015 02:31 PM
05-08-2015 01:45 PM
by Steve
6 487
Home today...Still...
biglee
05-06-2015 11:59 AM
05-07-2015 12:06 PM
by biglee
2 364
I'm Back With The Best...
aduttonater
02-21-2015 12:41 AM
05-07-2015 11:17 AM
by Steve
79 4,018
color fliers?
holymoly
04-18-2015 02:32 PM
05-07-2015 10:57 AM
by Steve
16 1,053
Looking good
mrsmichigan
05-06-2015 09:47 AM
05-07-2015 10:53 AM
by Steve
1 306
What are your biggest...
Steve
05-05-2015 01:24 PM
05-07-2015 10:52 AM
by Steve
2 358
is craiglist good to...
JBENI
04-16-2015 11:11 AM
05-06-2015 07:15 PM
by TheYardGuy
12 1,144
Go daddy web site and...
jcurr33
05-04-2015 06:00 PM
05-05-2015 11:57 AM
by Steve
2 385
How busy are you now?
Steve
05-04-2015 01:10 PM
05-05-2015 11:47 AM
by Steve
4 420
mowfinder
scaypa
04-27-2015 05:44 PM
05-04-2015 01:14 PM
by Steve
1 446
Latest video, Facebook...
Sprinkler Buddy
05-01-2015 06:54 AM
05-04-2015 01:09 PM
by Steve
3 418
weed
avetslawncare
04-16-2015 07:56 PM
05-01-2015 11:38 AM
by Steve
8 831
so i need somehelp with...
dalvan0
04-28-2015 07:43 PM
04-30-2015 10:55 PM
by avetslawncare
3 729
» Popular Tags
aerocore apartment bid apartment lawn care estimate applying auger billy goat brushcutter blowout bob villa bush commercial deliquentaccounts demonstration design ditches door hangers employee problems equipment rental estimate foreman free advertising google growing a lawn care business hardscapes how to husqvarna hydraulic jobs john deere quik trac landscape landscape services landscaping training lawn lawn aeration lawn care lawn care busines plan managing a lawn care business marketing more customers business mulch new business ordinance patio install per hour service pricing pto scag scag v-ride scripts secrets to landscaping sell the vision shell shreaded snow plowing sq ft starting a lawn care business steep lawns swzt theft toro toro grand stand tractor auger trailer trailer mate pro up sell employee web design website website design winterization wood wright stander rh
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 06:28 PM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 06:28 PM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy