Originally posted by Andy Hallett
View Post
A B2B relationship with 28 day payment terms are of course reasonable.
They're not reasonable AT ALL when Real Staffing are subcontracting through another agency whose payment terms are less than 7 days.
I for one am in this situation and need to submit 2 different time sheets.
Unless your subcontracting terms pay you in 28 days you're hanging on to payments for a minimum of 21 days. Interest rates aren't that high at the moment but still there are many other high risk short term investments which you could be profiting on using this capital for 21 days.
Would you like to share those profits?
Leave a comment: