Posted by IGGY on 5/9/05 8:05pm
Msg #36760

CJ Signings

Has anyone had trouble getting paid from them?

Reply by Mary Pierce/PA on 5/9/05 8:17pm
Msg #36763

I've done many signings for them and they pay as agreed. You have to bill them at the end of the month and they pay the end of the following month. I always get my checks quickly and they are very nice to deal with.

Reply by IGGY on 5/9/05 8:23pm
Msg #36764

Thanks.

Reply by Mike/NJ on 5/9/05 8:27pm
Msg #36767

They pay as stated, its just you could wait up to 60 days for payment. Example: work done in April you will not get payment till the first week of June.

Seems more and more SS are extending the payment schedule. I am thinking of dropping all services that do not pay within 30 days. Anything over 45 days is not worth it IMHO. Do I tell people I owe, I think I'll pay you within 60 days now..

Reply by Stephen_VA on 5/10/05 7:38am
Msg #36859

Anything over 45 days is not worth it?? Which business school was it that you graduated from?

Reply by Mike/NJ on 5/10/05 8:03am
Msg #36861

So reducing A/R time is a bad thing..lol ok..

Reply by Stephen_VA on 5/10/05 8:06am
Msg #36863

Reducing A/R time at the expense of your net *is* a bad thing. You must have some plan to increase your volume of Net 30 business? If so, then deciding to "drop" your non net 30 business is silly, it should just be allowed to wither as you ramp up the rest.

Reply by Mike/NJ on 5/10/05 8:17am
Msg #36865

85% of my business pays within 14 - 21 days and the few SS I do work for pay within 30. The amount of business from SS that pay over 30 is very small and not worth the wait for the money.

When I take appointments(New Companies) we go over payment schedules TC- 15 days SS-30 days If those terms are not agreed on and confirmed the company can find another notary.

There is no reason a company should take longer then 30 days from DOS to pay you.