3 Tips to Getting Paid - Economic Storm Series - Collections and Receivables Strategy

If you're doing work for builders or remodelers, you're waiting to get paid.  The longer you wait the bigger risk you take, especially if your customer experiences a decline in sales and revenue.

The fabricators that follow these tips wil get paid and get through an economic storm.

Those that don't may not have the cash to weather the storm.

1. Visibility - Aging Accounts Receivables Reports

2. Terms - When do you get paid and what will do if the check doesn't arrive on time

3. Leverage - You have leverage if your customer is sending you work.  Use it to get paid.

You work hard fellow fabricator, too hard to let someone fail to pay you!

make sure you visit no lift system!

Happy Fabricating!

Aaron Crowley