Weird, I would think it would be more important to collect 100% on larger orders as if they flake your at more of a loss than a smaller order.I'm guessing 67% = 2/3 (roughly)???
I'm 50% big orders, 100% small orders. I do take P.O.s from schools and select companies. Some of my best repeat customers that I really trust just do pay when they pickup. I know I'll get burnt one of these days, but its just easier for both parties sometimes.
My motto, "trust no one, not even yourself."Your right on most counts but I was referring to the work involved not the payment, I would not worry even a little about getting payed, these guys I give a pass to have payed me based on the 30 60 90 even if they got stuck for their end (some serious cheddar too), so they earned a favor from me but this isn't the way I normally do business, I was just making a point that anything less than 50% up front and remander at delivery is a special circumstance. I don't even give my family that favor just 2 guys that put their selves on the line to make something right.
Construction and architectural work are based on bank disbursement to the contractors so 30 60 90 are the norm on bigger projects for sub work, even drawings & prints, this can suck sometimes so I only work the bigger projects with these guys. The kind of work I stick to is residential or light commercial jobs for the most part. Total different animal than my desktop publishing work.
"you can only trust one man in a thousand"
I do the 100% on small orders because it is not worth the time to get a check for $62 and then have to collect the $62 again later on a $124 order, easier to get it all at once.Weird, I would think it would be more important to collect 100% on larger orders as if they flake your at more of a loss than a smaller order.
Doesn't the 50/50 hurt your cash flow?