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A question for the self employed... customer won't pay...


brett1985
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I do believe to be fair to both sides that 'staged' Payment should be made with an upfront ' get you going' amount.

Not all builders have the cash flow for outlay on initial phases which are quite often the most expensive.

 

Just my tuppence worth

This would be lovely, but trust is hard earned,easily undermined, someone has to go first. The whole construction sector is built on contractors extending unsecured credit to unknown individuals.

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Winnie and twisted,

It's like comparing Apples and Bananas

 

Where goods/services are provided on a business premises it usual for Payment on collection to be applied-- no payment, no takey

However the very nature of the building game dictates this is not really possible.

 

I do believe to be fair to both sides that 'staged' Payment should be made with an upfront ' get you going' amount.

Not all builders have the cash flow for outlay on initial phases which are quite often the most expensive.

 

Just my tuppence worth

Totally agree.

I won't ever be a big contractor and I plan for it just to be me so won't have big material costs etc.

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If you want a job doing by me you have to pay full materials up front .

No money no work ;)

4 months booked . Just had the confirmation on 9 kitchens , 5 sets of bifold doors to make and fit , multiple stair cases to refurb.

All deposits are paid and they'll all wait 4-6 months without a worry.

 

 

A garage can hold onto your car but we can't

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So for example,i fit a new kitchen

 

We order kitchen,customer invoiced + margin

We rip out and alter existing

we fit new

we invoice for works

we wait

 

Or

 

we fit new tap

we buy tap

we fit tap

we invoice + margin

we wait

 

Called cash flow and staying in business.

Edited by vampire
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In all fairness, I dont usually charge the material costs upfront.

The current job I'm on had £900 worth of materials needed... customer didn't even bat an eyelid when I asked him for the money last Thursday.

Got a massive decorating job in 2 weeks time, that customer is also fully aware that the materials need paying for before I start and they're more than happy.

As a general rule of thumb I usually put 10% on all materials, as others have said, as long as that doesn't make them more expensive than normal retail then I don't get any complaints.

We're all here to make money at the end of the day. 🖒

Edited by brett1985
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