Oh, the joy of hiring. So my first 2 of 5 scheduled interviews this morning are no shows. Seriously. I got out of my comfy shorts for this?!?
'Objects In Space'
Buffista Business Talk: I wanted simple, I wanted in-and-out, I wanted easy money.
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And the 3rd one didn't show up either!! But the 4th and 5th did and I hired them. They both come tomorrow for training. So I have 3 new people. And my son Brendon is working for me too. Wish me sanity.
Good grief Laura! That's so weird.
The Universe decided you were having Decision Fatigue and made the choices simple for you? Yay? (Hope they're great!)
Grumble. I'm dealing with one of my least favorite things with clients and that's payment terms. I'm in the middle of a project where we were originally doing just labor and design so the terms were set at Net 45 with monthly milestone payments. Not a problem and easy to manage.
Now we've added equipment into the mix and are getting upset that I'm not willing to do equipment on anything other than a Net 0. We're talking well over $50,000 of equipment at a time, and they want to do it on Net 45. It's so frustrating. That's essentially asking for my company to extend them credit for 45 days. Not going to happen.
I see why they would ask, but NOPE.
What makes sense for people who do not want to pay money is almost never good for the ones owed the money. Yikes.
Services are Net 45, tangible goods are Net 0. That's basic.
That's pretty much my take, they were just being cranky about it. I get to define what my terms are for tangible goods.
We are the same way. We can talk terms for labor, but not when we are laying out cash for equipment. We ain't the bank.
Thank you gang, this is the validation I needed. My client is sort of making it personal and saying, if we need to work with cash flow problems then lets address that and that he's done $1,000,000+ purchases on Net 60 in the past. My attitude is that's fine, but that's not me, and I get to define terms on tangible good. If he wants to deal with a company that will do Net 60 on that much equipment then he can go seek them out and see how expensive their bid is on the rest of the project, since I know their overhead will be much much higher than mine.
Sometimes I feel like I'm apologizing for being a small company, and I just shouldn't have to do that.