Billing a client

[Alex Brelsfoard]

wow,

Thank you ALL.  Massive amount of info.
Sorry I didn't respond earlier, been a bit of a crazy day.
But this was all REALLY helpful.
Thank you all for sharing your stories and advice.
This sets me straight and prepared.

Cheers all!

--Alex


On Mon, Feb 11, 2013 at 2:04 PM, Richard Foley <richard.foley at rfi.net>wrote:

> Yes, this happened to me too, twice. My take:
>
> The first time, the company went bankrupt and I was lucky to be working
> for an
> agency, so *they* paid.
>
> The second time, the company was just limping along, and waiting for the
> "next
> big client". They also paid, but it was after about six months, and there
> really was no good will left by that time.
>
> A month or two in arrears could be seen as quite acceptable in some cases,
> and
> can even be helpful to each other, if you have a worthwhile working
> relationship.
>
> --
> Ciao
>
> Richard Foley
>
> http://www.rfi.net/books.html
>
> On Mon, Feb 11, 2013 at 01:21:17PM +0000, Chris Jack wrote:
> >
> > One other thing. I'm not suggesting lawyering up should necessarily be
> your first port of call. The longest arrears I have ever had was something
> like 5 months, but there was a lot of goodwill and trust on my part in that
> case. I was working for a software house that was running low on cash. They
> were attempting to refinance themselves but the problem was the company
> founder didn't want to dilute his holding too much so was trying to
> (effectively) get money from his mates to maintain his shareholding when
> the new cash came in.
> >
> > I, and the other contractors, kept getting reassurances that there was
> no issue about being paid: it was just a question of when.
> >
> > I had had a fair amount of money in my corporate account so I was able
> to live off that for a while - but about the 5 month mark, I did have to
> say to the company that it was getting past a point of goodwill - and was
> getting to the point where I was physically not going to be able to
> continue for financial reasons. At which point, they found some money to
> pay me some (not all) of the arrears. And eventually they completely caught
> up.
> >
> > Obviously the high level risk in these circumstances is that contractors
> are very low down the pecking order if the company were to go into
> receivership.
> >
> > Chris
>