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Comerical companies to work for like ground control


mitchel
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56 minutes ago, roseyweb said:

assuming you mean power lines and railways 

till hill, fountains 

Stobart rail 

To be honest thinking more highways and commercial grounds supermarkets shopping centres trees hedges strimming grass managment don't mind nice to have a mix of commercial and residential

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16 minutes ago, oldwoodcutter said:

You’re unlikely to get rich subbing to the likes of ground control

To be honest I'm not looking to get rich but it's nice to have a mix of work. Residential is nice for cash flow but dealing with Joe public isn't great and I know commercial payment terms suck 

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On 22/02/2019 at 21:06, htb said:

As you say 3mths till payment sucks, if you can weather it its ok, so long as they don't go tits up before you get your money. At present waiting for around 15k.

Sending your debtors an invoice for the interest on late payment of a commercial debt often acts as a prod to get paid.

https://www.gov.uk/late-commercial-payments-interest-debt-recovery/charging-interest-commercial-debt

You can legitimately charge interest at 8% over the BofE base rate for the period after the debt should have been paid. There are online calculators where you enter the amount of the debt and date it should have been paid. It will then calculate the interest due and also give the future daily interest cost. 

The debtor may not pay the invoice for interest but it may persuade them to bring your invoice to the top of the pile.

Unfortunately, many organisations will wait until people press for payment before they settle.

It is well worth sending monthly statements so they don't think you have forgotten about it. When companies get the message that you will press for payment then you will tend to get paid according to your terms.

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