| View Poll Results: How much (if any) of a down-payment do you collect? | |||
| No down payment |
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5 | 13.51% |
| Partial down payment |
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24 | 64.86% |
| Paid in full before job starts |
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1 | 2.70% |
| Depends... |
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7 | 18.92% |
| Voters: 37. You may not vote on this poll | |||
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#21 |
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Property Manager
Trade: Drywall/Textures/Paint
Join Date: Aug 2006
Location: Pennsylvania
Posts: 375
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Re: How Much Down-money Before Starting A Job?For the quickie one or two day jobs, I've been using this ratio. Unless its someone I do a lot of business with, then I just invoice them after its all over. I give 'em 20 days to pay... they always pay, and I get more work. Works out well with established customers. steve |
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#22 |
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Pro
Trade: Fence Contractor
Join Date: Mar 2006
Location: Colorado Springs, CO
Posts: 130
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Re: How Much Down-money Before Starting A Job?
Usually a 50% deposit. I've bought materials before without getting any money or signature, and have gotten burned every time, I've leasrned my lesson. Would love to trust people, but it can't be done. I do get people that want to give me a deposit at the estimate, but I won't even take money without something in writing.
__________________
Matt Ehrenzeller-General Manager A Great Divide Fence Company www.agreatdividefence.com |
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#23 |
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New Guy
Trade: Painting
Join Date: Sep 2006
Location: New York City
Posts: 28
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Re: How Much Down-money Before Starting A Job?
any project under $1,000, the customer pays for labor and materials when the job is complete, otherwise, i get half the labor and all material costs upfront, remaining 50% paid when job is complete.
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