If that is an agency contract I would refuse those payment terms. 30 days from invoice on a montly invoice is ridiculous unless the agency margin is only a fraction of what it normally is.
Once contract position is filled the only thing agencies do to justify their margins is provide a factoring service, with this lead time they are not even providing that
If this is client direct then those time delays are pretty normal (and don't actually expect them to pay on time) and is how most business to business contracts work.
Which is why many small business sink, not because they are not earning any money but rather because they end up in a cash crisis while waiting for payments
As others have said, refuse their contract and supply your own, suggest PCG (and anyway you should be doing this in all cases where you do direct, if you hire a professional in any other field he supplies the contract not you, the client) and if this is not a big company run a credit check against them (actually if not a big company i would not be inclined to give them 30 days even if they passed the credit check)
Once contract position is filled the only thing agencies do to justify their margins is provide a factoring service, with this lead time they are not even providing that
If this is client direct then those time delays are pretty normal (and don't actually expect them to pay on time) and is how most business to business contracts work.
Which is why many small business sink, not because they are not earning any money but rather because they end up in a cash crisis while waiting for payments
As others have said, refuse their contract and supply your own, suggest PCG (and anyway you should be doing this in all cases where you do direct, if you hire a professional in any other field he supplies the contract not you, the client) and if this is not a big company run a credit check against them (actually if not a big company i would not be inclined to give them 30 days even if they passed the credit check)
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