I just closed my deal with a large, public company for a small amount. I had to pay my vendors. How long does it take for companies to pay invoices? Anything we can do to expedite the payment.
Starting your own business, LLC, or nonprofit comes with a lot of
What were the terms of the deal concerning method and time frame for payment? Are they reflected in the contract? Did you consult a lawyer before inking this deal?
Most likely within 90 days. Generally if not negotiated it will be net 90. How long has it been?
Our rule of thumb is deposit must be =/+ the cost of doing the job with balance due on delivery of complete product. This has served us well in terms of limiting loses and it helps us to do a better job qualifying during the sales process.
3agreements
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