Payment Terms.
Payment Terms.
Out of context: Reply #7
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- boobs0
Yes, your deal was very fair. You should point out to these accountants that you are not in the business of financing their business, and that working on a large project for a mere 10% would mean that you would (unfairly) be carrying too many above-the-line costs, with no ability to make them up back-end.
Ask if they'd do the deal if you got a nice finance fee tacked on the end. Or if they'd like to walk down to your bank with you, and apply for a loan to scrape together the 25%. Tell them that until they are an established customer, you cannot give credit on mere reputation alone.
- Just remember that accountants are going to know every chisel in the cart to cheat you.boobs