Contracts Matter; Collecting Final Payment
When you provide a dishonest client a cost breakdown of their job, things can go wrong.
When you provide a dishonest client a cost breakdown of their job, things can go wrong.
I don’t think writing a check is old fashioned, but there are so many advantages to using a credit or debit card that it’s become the preferred payment method for many.
When clients try to change the terms of the contract, you don’t have to go along.
There are things you can and should do when a client tries to dodge making payments.
Not all of your clients are honest. There are even a few who have no intention of paying you for the work you do.
How do you deal with a dishonest client? I recently corresponded with a contractor concerning this issue.
If the payment schedule is adjusted after you’ve started a job and they aren’t willing to pay what’s owed, file liens. You must protect your right to be paid.
Got a phone call recently from a contractor doing a job in the $150K range. Everything is fine, contract signed, and the job is going great.
A young businessman called. He was in a state of shock after checking his books over the weekend and found over $11,000 in receivables, much of it over 30 days.
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