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Commercial contracts and payment
« on: December 01, 2003, 10:41:47 pm »
Hi to everyone.
I have a small butt sucsessful window cleaning business but am struggling with the slow process of how to draw up contracts for commercial contracts and them paying up.
Can anyone in any cleaning business give me some advise on how you do yours,how dod you ask for paymen and whats the longest youve waited for payment

Thanks

Fox

  • Posts: 824
Re: Commercial contracts and payment
« Reply #1 on: December 02, 2003, 12:36:47 am »
Usually the commercial contracts you get would be ongoing?

In this case they need to pay you to keep their windows clean!  Normal practice is 30 days net.  Don't be surprised to wait upto 90 though.

Whatever terms and conditions you put for payment on your quotes - it doesn't always follow that the Company you have carried the work out for will adhere to it.  After all it will take more than 90days for you to claim through small claims!

Best bet is good credit control system.

Hope that has helped
Fox


highstandard

Re: Commercial contracts and payment
« Reply #2 on: December 02, 2003, 07:12:12 pm »
I do a lot of work for large Companies and I've always been paid on time. Remember you can charge interest on late payments so make it clear when you start a new contract that it is stricktly 30 days. after 30 days interest will be added. This works for me.

petra

Re: Commercial contracts and payment
« Reply #3 on: December 02, 2003, 11:48:38 pm »
If 30 day and interest don't work overdue letters and possible suspension of services letter never fail me.
Petra