If when I purchase something I pay for it immediately why do companies/government/orgs after approving a transaction and/or receiving the work take 1-2months to pay for it?
EDIT: I am a new agency owner, so trying to figure out cash flow
EDIT 2: thank you guys so much for the detailed answers! Really helped me further narrow down the kinds of customers I do and don’t want to work with moving forward.
In: 2
Answer: these are lists of different ways of doing things. You are allowed to negotiate. If Net30 is bad for you, then negotiate payment a different way. The standard contracts are standard because they work for a lot of people, but a lot is not the same as everyone.
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