Clients Not Paying Vendors
Out of context: Reply #12
- Started
- Last post
- 19 Responses
- maikel0
Gents,
As said before, there are not many options
a) all inclusive
You bill your client for whatever you do and outsource. That happen a lot if you are asked to print regularly or to buy ad spaces. If instead of a one-off you are doing several projects, it is likely that your client would prefer to avoid the hassle of 3 or 4 different vendors. If you go this way you bill whatever amount you feel like. the honest version is vendor+handling+risk (plus interest if they pay late). the obscure is a lump sum that 'covers all'.b) your client chose who to work with.
...and you just give to them a CD/DVD/FTP with what they paid for.Anything in between is trouble.
Examples of A.
I gave great rates to a few clients for printing through me as I could gather several jobs and send them to the printer altogether. Larger run, more colours, everybody happy. I used to pay the printer on monthly basis as I had credit.Not long ago I had to manage a digital campaign for a small client. Instead of having them paying to Spotify, Metro and a printer I gave to them all the quotes plus the hours for handling the vendors. The client had an account with me, and everybody happy.
bottom line, if you don't have much cash/credit or vendors that you deal with often, and you don't want to get tangled in tax payments, go for B, otherwise A always give you more business.