so..come on then..cards on the table:
who gets stupidness and customers talkin s**t when it comes to getting paid?...is it just us in the UK...or what?
it's the new economic model...
we will issue a PO, and then float it for a few weeks past net 30.
it's a way of incurring debt without it showing on the books.
i'm very fortunate, i have excellent customers largely.
however, excellent customers are only as good as their money feed,
so an excellent customer with shitty customers of their own can slow
things down further down the food chain.
one of my favorite customers does the same thing i have to do...
when i send off an invoice, i print another copy of it, and attach checks
to cover the expenses incurred on that job.
when the money shows up, i distribute the checks.
the phrase "you can't transmit something you haven't got" seems to
apply well here.
i've got one customer that is a slow pay. you wait thirty days, then
start calling and asking for the check. takes another two weeks.
so they run at 45 days net. it's chronic.
so, the hours you will have to spend being annoyed and having to
call them, and go thru the whole drama thing where they pretend
that it's just going out the door is reflected in the pricing of all
future jobs.
said customer is paying 25% of the bid price added to every bid,
on top of markup and everything, as a fee for putting up with them.
