I've already fired 2 customers this year

[Sierra Clean Care]

In a perfect world, every commercial account would pay within 30 days

those customers you fired were slow pay and also lousy accounts

in my case , it would be stupid to fire my 45-60day clients because the National parent company holds invoices

if you missed Brian Hanna’s post above , you should check it out

#this.
We would be DOWN 50-60% or gross in a year.
A guy should never run his business week to week...

This is a business of relationships, and playing the long game...

 

[BIG WOOD]

In a perfect world, every commercial account would pay within 30 days

those customers you fired were slow pay and also lousy accounts

in my case , it would be stupid to fire my 45-60day clients because the National parent company holds invoices

if you missed Brian Hanna’s post above , you should check it out

I agree with you and Brian’s comment. But keep in mind these accounts were only pocket change jobs compared to the $$$$ that Brian mentioned. Total waste of time and I took it as an insult, even though it’s just business. When these big corporations can’t allow the managers to spend petty cash on site...it’s not worth it.

 

[Cleanworks]

I agree with you and Brian’s comment. But keep in mind these accounts were only pocket change jobs compared to the $$$$ that Brian mentioned. Total waste of time and I took it as an insult, even though it’s just business. When these big corporations can’t allow the managers to spend petty cash on site...it’s not worth it.

I have the very same companies giving me $150 jobs as well as $1500 jobs. They all pay the same way. The amount has nothing to do with the pay cycle.

 

[KevinD]

One of the last commercial accounts I picked up before I retired the boss told me straight up that corporate took 45-60 days to pay so pad my bill accordingly.

 

[Kenny Hayes]

You know, if someone informs you right from the get go how payment is scheduled, then you can decide if that’s the path you want to take. You can make adjustments based on the information your given. But, to have someone assume that you assume you’re in their court and you should be good with it, or they’re doing you a favor. Nope, nada, no can do.

 

[Kenny Hayes]

I’ve pretty much worked for all the noted corporations here in Oklahoma in 30 yrs. (Not WalMart) After meeting with them on job scope, payment terms was always discussed. Always. As Matt said, most of the time if a manager knew his company was slow, they would usually put payment on Corporate credit card or petty cash. They would always tell me, we won’t go through the system.

 

[Lee Stockwell]

Walmart always paid quickly. One time in cash at the end of the night.

 

[Kenny Hayes]

Which goes to my point. That was an individual manager managing.
When I did Lowe’s I had credit card #s for each store that we would run the day of service.