Net 30...
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- ntimm0
Most of my clients are Ad agencies> I'm always between NET 60- 90
I'm guessing their NET must be around the same
- Iggyboo0
around NET 60 kindly remind the client about the better business bureau and small claims. Good luck hope it wasn't a big client of yours.
- Boz0
I don't see why not.. if it's their business account tied in card yeah they can.. but most of them won't because they can fuck with you and millk you.. better to milk you than to have bank come after them..
That's why we need protection/collection like agency... an entity that would seriously hunt these people down and if they didn't pay it would affect them severely in terms of credit, their "business FICO score" and stuff like that..
- randommail0
I wonder about the feasibility of only accepting credit card or charge card payments. For the client, it allows them to pay overtime if needed and let the credit card company carry the load, while earning interest.
Would clients be willing to charge a $5,000 design project on their Amex card?- I've a client who has asked to charge everything to CC net-zero. They want the points, I don't want to pay the fees, so net-14 cheque.mkuplens
- Boz0
we need a credit like agency for creatives and developers where it would be like collection agency charging interest on these people.. then you would see how they would pay on time.. plus penalty and if they don't pay they are reported everywhere.
Clients can abuse creatives and developers because they consider them irrelevant in the whole scheme of things..They look at it "if you have someone who will wait, well it can be your designers or programmer.. these guys just sit home anyways right?"..
- nthkl0
I usually contact the HR/PM on the project 2 weeks ahead of delivery (Within net 30) to assure they will pay. After that, there is a 3% penalty for each day late. It's allllll in the contract.
- fyoucher10
LOL.
I only have one client who actually pays within 30 days (50% up front and the rest usually comes 25 days after I invoice).
Everyone else seems to send a check out on the closest Friday AFTER it is due. So if it's Friday and the check is due a few days later on Monday. they'll wait until next Friday to cut the check, then it's another 5 days before I get it. I'd say average is usually net 40.
However, come end of year, it's usually always net 60 when a check mysteriously disappears in the mail or some other kind of delay. Those finance folks are some clever sums uh bitches.
- vaxorcist0
a startup was once net 365... long story, but I did get paid....
- nb0
Yesterday I called a client to inquire about an overdue invoice.
Me: "I've got an overdue invoice on your account."
Client: "Oh, yeah, we just got that a week ago."
NO YOU DIDN'T. I EMAILED IT SEVEN WEEKS AGO. YOU CAN'T USE THE "SLOW MAIL" EXCUSE WITH EMAIL, IDIOTS.
- nb0
Yesterday I called a client to inquire about an overdue invoice.
Me: "I've got an overdue invoice on your account."
Client: "Oh, yeah, we just got that a week ago."
NO YOU DIDN'T. I EMAILED IT SEVEN WEEKS AGO. YOU CAN'T USE THE "SLOW MAIL" EXCUSE WITH EMAIL, IDIOTS.
- randommail0
I once had a net 210!!!
And also a net -30! they paid in full before I finished.
- sublocked0
Ever try adding late fees or accepting payments with CC? Works a lot better in these instances...
- Continuity0
On delivery > Net 30.
- PonyBoy0
... nor does it equal NET 48!!!!
:( stupid mail... you're supposed to have a check ):
- arthur0
I'm working on a net 120+
Client is a museum that is now going under. Awesome!- damn.akrok
- aw man :(PonyBoy
- One of our biggest clients is net 120 as well, makes for interesting resource planning.ben_
- yeah, my "interesting resource planning" was being late with my mortgage. Love those penalties!arthur
- Yep. Once we got the "Are you poor or something?" when we asked about a cheque that was 80 days out, over top of it's initial 60 days. Some clients...ben_
- initial 60 days.ben_
- PonyBoy
... does not equate to Net 47.