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Re: Why do the larger corporate clients take so long to pay?

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Re: Why do the larger corporate clients take so long to pay?
by Franklin McMahon on Jul 11, 2009 at 1:35:47 pm


People, and companies, have as much control as we give them.

Rethink your payment plan/system. Never think, well, my hands are tied. The more importance and focus you put on your payment system the more you will convey that to the companies.

This is your payment plan, not theirs. Run it your way. Get paid most or all upfront, switch to 7 day invoice, think outside the standard way of doing things. You'll get peers saying "umm..sorry..that's not the way the industry works...", what they are really saying is "hey..the industry controls me...I don't control the industry...". But don't be afraid to take a chance on change, you may be surprised with the results.

And remember, every time you point the finger at a "bad" company, there are often three fingers pointing back at you ;)

Frank

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