Can we talk about the 90 day rule most net 30 shops in Denver quietly switched to | Chasing Invoices - Freelance Forum - The Community for Independent Professionals
Can we talk about the 90 day rule most net 30 shops in Denver quietly switched to
I was reading a small business blog from a Denver accountant last week and she wrote that a lot of shops there now treat net 30 as net 90 in their own books, so they stop expecting the money for three months. That means the invoice you send in March might not hit your account until June, and nobody tells you this when you sign on. So when you bid a job, are you padding your price for 90 days of waiting or just eating it?