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Commercial work blues |
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Steaminpile 
Master Carpet Cleaner 
Joined: 04/February/2004 Location: Canada Status: Offline Points: 1155 |
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 Topic: Commercial work bluesPosted: 25/November/2004 at 4:58pm |
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I do alot of commercial work,I like doing it cuz I like to be left alone so I can my job but.....................................
I'm getting awfully tired of waiting for $$$ right now I have somewhere between $9-$10,000 owed to me and for the last week and a half there has been nothing but bills in my mailbox
so I guess I know what I need to do for next year.
MORE RESIDENTIAL WORK
oh well,guess I should get back to work,gots to rack up them acct's receiveable
just needed to snivel a bit |
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MR. STEAMER
True Patriot 
Only in the GTA Joined: 03/March/2004 Location: Canada Status: Offline Points: 14549 |
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Posted: 25/November/2004 at 5:07pm |
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Steamin... I knwo this sounds crazy... why don't you sell out your invoices... There are companies that will buy your AR less a percentage... at least this way it keep the cash flowing in... or maybe an incentive of your own.. like less 2% net 10 days or something like that... I know what it is to wait on money...and I hate it |
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www.mr-steamer.com
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cleanex
Carpet Cleaning Specialist 
Joined: 17/October/2004 Location: Canada Status: Offline Points: 705 |
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Posted: 25/November/2004 at 5:23pm |
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Part of the commercial scene, you need to allow for this in your pricing. Some companies will pay with credit cards as they collect air miles, you can try that route. Otherwise 30-60 days is common wait time to receive payments on commercial work. |
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DON ELDRED
YOU CAN "STAND" ON OUR REPUTATION |
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MR. STEAMER
True Patriot
Only in the GTA Joined: 03/March/2004 Location: Canada Status: Offline Points: 14549 |
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Posted: 25/November/2004 at 5:46pm |
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Sometimes even 120days.... the bigger they are.. the longer it takes to get payment... If you're a small company it's hard to make ends meet without cash flow |
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doug
King of the One Liners 
Just My opinion Joined: 31/January/2004 Status: Offline Points: 32711 |
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Posted: 25/November/2004 at 5:53pm |
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Should that not be taken in to consideration when pricing the job?
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Just My opinion
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MR. STEAMER
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Only in the GTA Joined: 03/March/2004 Location: Canada Status: Offline Points: 14549 |
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Posted: 25/November/2004 at 5:55pm |
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add more to the quote and you don't get the job... make less and get screwed... wow what a choice Edited by MR. STEAMER |
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doug
King of the One Liners
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Posted: 25/November/2004 at 6:03pm |
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Pay me now or pay me later the price is still the same???
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Just My opinion
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MR. STEAMER
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Only in the GTA Joined: 03/March/2004 Location: Canada Status: Offline Points: 14549 |
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Posted: 25/November/2004 at 6:13pm |
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you have to add 2.25% for invoices that run over 30 days... unless you agreed on a 90-120 day payment plan
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doug
King of the One Liners
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Posted: 25/November/2004 at 7:11pm |
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Mr. Steamer: How many pay the late fees??
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Just My opinion
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Steaminpile
Master Carpet Cleaner
Joined: 04/February/2004 Location: Canada Status: Offline Points: 1155 |
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Posted: 25/November/2004 at 7:29pm |
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most of them aren't all that late (the largest ones $$) it's just a rough spot cuz I just bought a new van , TM and the guy that was supposed to buy my old van backed out of the sale at the last minute no biggy,just made the last payment last Monday. it's just tough when a little guy like me has that much owed to him.
I should offer a discount for early payment though |
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Harry
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Joined: 30/January/2004 Status: Offline Points: 273 |
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Posted: 25/November/2004 at 7:52pm |
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Just go to the delinquent's place holding a chain saw, isn't that how things are done on Prince George ??
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Be Juan in a Million - be a Leatherwright.
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Steaminpile
Master Carpet Cleaner
Joined: 04/February/2004 Location: Canada Status: Offline Points: 1155 |
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Posted: 25/November/2004 at 8:04pm |
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LOL yeah but we usually hire someone big and scary lookin actually one of them booked a job for tomorrow,I'm not even going to fire up the machine until I see some coin |
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MR. STEAMER
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Only in the GTA Joined: 03/March/2004 Location: Canada Status: Offline Points: 14549 |
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Posted: 25/November/2004 at 10:29pm |
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That a boy Steamin.... If you do... they start the one in one out thingy.... I know you're saying huh???? when you clean it this time they'll pay you for last time...but this time doesn't get paid until next time... Services should be paid right way...... It's not proper business practice to treat service the same way the do materials... really you should be paid right away... but the things we do to get accounts |
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doug
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Posted: 25/November/2004 at 10:32pm |
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Like a contract.
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Just My opinion
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