90 days to pay...

[dogman]

Is this time span normal with commercial customers ?. I ask, as i've been approached to put a bid in to maintain the grounds around a factory unit.

The last guy only turned up once & never came back. Its a big job for one man, & is probably a weeks work to bring it back neat & tidy.

The last guy, bid to low, & i think the time it takes them to pay finished him. I intend to put a quote in for an amount to bring it all back, & then an hourly rate to maintain it.

 

I'd appreciate your thoughts,

 

Regards,

 

Rob

[Hedge hunter]

yep its 2 months now......its a pain but just add a days labour to every quote and your still be cheap....

 

i do commercial custermors at the last 2 weeks of every month so the pay works out right...

[TimberCutterDartmoor]

15 days for SME's isn't it?!

[Hedge hunter]

15 days for SME's isn't it?!

yeah but not in the real world.....

 

all utilitys are ages to pay forsure.Even large companies take months to pay subcontract companys even if there fuel bill puts em out of cashflow.not fun at the moment getting bills paid on time..

[roseyweb]

Welcome to commercial work I'm still owed for 4 months ago, just make sure the company is solvent.

Keep plenty in the bank

[Hedge hunter]

Welcome to commercial work I'm still owed for 4 months ago, just make sure the company is solvent.

Keep plenty in the bank

 

agreed,6 months cashflow is required these days .its very difficult to keep up.

[Ian C]

Most of my commercial clients are 30 days, one is 45 any longer than that I dont touch it.

[roseyweb]

I pay staff and subbies and end of week without fail. I pay bugger firms within fortnight I get paid from the likes of Balfour Beatty or railways 3-4 months and much hassle later. Means you need a big buffer in the bank and not touch it.

It sucks but commercial is far better and more grown up and better paying than gnome dodging in domestic.

If you like to blow your turnover each week on beer and birds you prob best stick to topping connies.

If you want to progress your business and buy kit and invest in your staff then hang in there soldier, commercials the way to go

[Ian C]

It is , I do both but too much commercial for a small co can sink it v easily. I mix it.

[Hedge hunter]

I pay staff and subbies and end of week without fail. I pay bugger firms within fortnight I get paid from the likes of Balfour Beatty or railways 3-4 months and much hassle later. Means you need a big buffer in the bank and not touch it.

It sucks but commercial is far better and more grown up and better paying than gnome dodging in domestic.

If you like to blow your turnover each week on beer and birds you prob best stick to topping connies.

If you want to progress your business and buy kit and invest in your staff then hang in there soldier, commercials the way to go

 

thing is tho it takes class to dodge gnomes...