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  1. #1
    Season ticket holder amestaper's Avatar
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    Default Upfront and staged payments

    drywallschool.com

    With the way things are with the economy and lots of robbing Peter to pay Paul going on, surely asking for some kind of down payment to cover materials, scaffold, plant, containers, travel etc or staggered payments from a first time client or bad risk according to a credit reference company isnt taking a liberty?

    Just wondered what you're thoughts were on this grey area guys.

    Regular readers will obviously know this is related to my comments earlier today.
    Your messages are really important to us
    ...but not important enough to employ a sufficient number of support staff to answer them.

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    VIP TonyM's Avatar
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    I will check people out as much as possible, but gone for me, are the days of letting new customers owe me any more than a couple of weeks money, and I tell them that from the start. I've never asked for money up front, just prompt payment.

  3. #3
    Season ticket holder amestaper's Avatar
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    That was the first time I have ever asked for a penny up front because it was an estimated 6 week job for 2 guys. The accountants advice was 'How would you like a complete stranger with a bad risk credit report to be due you 20k just before Christmas?'. Do credit rating agencies ever get their facts wrong?

    I didnt like asking and I do have some sympathy for the company involved because they only started at the beginning of the year.
    Your messages are really important to us
    ...but not important enough to employ a sufficient number of support staff to answer them.

  4. #4
    Season Ticket Holder DMC's Avatar
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    In the past i have asked for money up front from a new customer, some have been offended and some have happily signed a cheque there and then. When its your livelihood you cant afford to dick around, if they dont like it i walk.

  5. #5
    Regular Member turrican_007's Avatar
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    Default

    Experience knows when to ask upfront and when not to.
    www.dryliningfinisher.co.uk

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