Payment on completion or send an invoice?

[Mick Stockbridge]

Make sure the customer is happy first, then let them pay how and when it is convenient for them. Only ever had one bad payer in thirteen years. I should have known though, he came across as a W****R from the start.

[nailer]

I have duplicate invoice books onboard the trucks so its written out on completion.

 

Hand-written invoices, on branded A5 duplicates, is surely the fastest way to get your jobs invoiced.

[redmoosefaction]

Printed on the quote....Payment upon completion unless by prior arrangement (50 quid admin fee if not paid).... funny how I have money in my account now..

[Stephen Blair]

whatever way i get paid is because that will be agreed before i commence with the contract. be it 10quid or 2 grand. But 99% of my customers will pay me on the day or if they arent in then they will drop it off that night. i have a factoring agent doing a 60 mile round trip on friday to pay me to save themselves 20quid. and they used to insist on 30days, i dont do 30days anymore, well not for factors anyway. i do some council work and they put it in my bank on the 30th day of invoice, which is an email so no rubbish about lost cheques or slow posties

[Highland Forestry]

I generally get paid on commercial contracts at the start of every week or 7 days from invoice.... but have had some real nightmares, especially with one company who held on to 8k for 90 days.

 

I dont do any work for them now.

[jojam]

Cheque on completion then post receipted invoice or post invoice with terms by return,domestic,7 days,commercial.BACS payments alot now too.

[penfold]

stevie, what exactly is a factor? Is that the scottish term for an estate manager or land agent type bod?

[jojam]

Somebody who takes control of the debt.they pay you then they recover the debt on your behalf for a percentage.

[Ian C]

Hand-written invoices, on branded A5 duplicates, is surely the fastest way to get your jobs invoiced.

 

Thats what i do, commercial work bill in the post and 30 days, domestic on the day or if there out i will call back for it, Like some have said, a bill in the post is an invite for extended credit, when i take the car in the garage or go to tescos they expect payment there and then and so do i unless i have arranged something with the client.

[A_lopa]

Hand-written invoices, on branded A5 duplicates, is surely the fastest way to get your jobs invoiced.

 

Sure is!!Most of my business is 30-60 days thou:sneaky2: