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RE: Contractors: Run Credit Checks for Questionable Customers?
Subject:RE: Contractors: Run Credit Checks for Questionable Customers? From:"David Knopf" <david -at- knopf -dot- com> To:"TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com> Date:Fri, 17 Aug 2001 09:40:50 -0700
Andrew Plato wrote:
| > > PS: If I demand 1/3 up front and 1/3 in the middle,
| > > he may balk.
| >
| > I am batting 1,000. Every time someone tell me not to worry about being
| > paid, I get stiffed on something.
| > Most business people understand the need for a substantial up front
| > payment.
|
| No they don't. I would never pay a contractor up front for work. Never,
| ever. How do I know the contractor won't take my money and just run and
| never do the job. Do you pay the plumber, lawyer, or doctor upfront? No.
|
| Most places will not under any circumstances pay an up front fee.
Over the last 10 years, about 90% of our clients have made up-front payments
before we started work. Obviously, we haven't done any work for Andrew, but
I thought I'd provide this information as a counter-point.
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