Late payments a problem for you?..

[northernladuk]

WTF?!?!

2) Do clients ever impose payment terms on you?

That's a serious question?

[EternalOptimist]

Hey guys, i'm new here (so be gentle!).

Just looking to see what effects late payments have on your business... In particular:

1) As a freelancer/contractor, when do you get paid by the client? What are your invoice terms?

2) Do clients ever impose payment terms on you?

3) In terms of cash-flow, are late payments ever an issue?

4) Is chasing payments (credit control) ever an issue for you as a freelancer?

5) Do you currently use any methods of credit to cover cash-flow issues caused by long/late payment? (I.e. Overdrafts, credit cards, a loan facility)


Cheers guys, looking forward to your thoughts & feedback!


Paul

Reasonable questions actually. ignore the riff raff Paul

Before I get going though, a much more important question -

when I made my cheese toastie this a.m. I had the toaster set on 5

now the manufacturers recommend a setting of 4, but my missus reckons it comes out raw, so we always use 5.
Of course, this morning it came out smoking and burn ed.

So, Paul. do I eat burn ed toasties, or antagonise the missus ?

[xoggoth]

Seriously, if payments start getting late, it can be a sign of financial problems for the client. Just ignore it and you may find yourself out of pocket when they go broke as I, and others I known, have discovered.

[suityou01]

Seriously, if payments start getting late, it can be a sign of financial problems for the client. Just ignore it and you may find yourself out of pocket when they go broke as I, and others I known, have discovered.

Now, where were we.

Have you ever flown a military jet fighter to Italy to get a bowl of pasta?

[Bunk]

Reasonable questions actually. ignore the riff raff Paul

Before I get going though, a much more important question -

when I made my cheese toastie this a.m. I had the toaster set on 5

now the manufacturers recommend a setting of 4, but my missus reckons it comes out raw, so we always use 5.
Of course, this morning it came out smoking and burn ed.

So, Paul. do I eat burn ed toasties, or antagonise the missus ?

You eat the burned toastie, and then you take the knob off the toaster and reposition it so that 5 doesn't burn the f***er. That way you can keep the missus happy and eat unburned toasties in future.

That'll be £50 please

[Paddy]

Seriously, if payments start getting late, it can be a sign of financial problems for the client. Just ignore it and you may find yourself out of pocket when they go broke as I, and others I known, have discovered.

I smashed the kneecaps of an agent who was slow at paying. Although he deserved it I was sent down for 18 months . I would therefore suggest paying someone else to do it.

[Dactylion]

I smashed the kneecaps of an agent who was slow at paying. Although he deserved it I was sent down for 18 months . I would therefore suggest paying someone else to do it.

and strongly suggest you don't pay them late!

[vetran]

have you ever slept with an Ambassador / spy or driven 2 BMWs at a time?

only for old lags

[suityou01]

Have you polished the ninja?

[TestMangler]

Have you ever had your tulip pushed in Homie ??