David Schmidt wrote:

>Occasionally I get a decent sized order from a company that wants to pay for the order later - as in they would like to setup a net-30 acct.
>What's your take on such orders?  Would I be wrong to demand prepayment up front for all orders?  Or 50% up front, 50% net 30?
>
>If they give me a list of credit references, how do I check them out?
>
>Thanks,
>Dave
>  
>
You'll have to compensate if you do that. 99% of the time people pay, 
but they lose respect for you and 30 days becomes 60, then
90 , etc. One of the worst payers is the US Government. An paid invoice 
from them typically takes 6 months.

--Bob

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