O.K. Thought I'd post this to see if I'm on an island here or not . I have been in business in commercial janitorial for almost 26 years. Aside from one customer going bankrupt 15 years ago I have generally been able to get people to pay on time ! I mean, occasionally you will get the 30 days late bit ; but recently I've had LARGE customers stiff me for 60 days plus ! Good sized customers are doing this which is putting a definite crimp in my bill paying process ! I have commercial customers into me for $ 4,000 right now - late which should be sitting in my checking account ! We are talking architects who are waiting on $ 750,000 to come to them from their accounts receivable as well ! It's a goddamned domino effect ! The construction industry is taking a hit bad ! Plus anything in real estate and construction !
I'm thinking of taking this one big customer to small claims court at the end of the month if they don't clear up May's payment to me as well as what else they owe me ! I am picking up more accounts which helps - however the in between process of starting the jobs, then waiting to receive payment puts you in limbo somewhat . So are any of you feeling the effects as well trying to get deadbeat customers to pay on time ?? What are you doing to stem the tide in this " crotch itch " of an economy !? Look forward to your answers ! Peace out, Mr. Flipper
...OUTLAW