Reply by tncraftsman

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Posted on Working with Contractors

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93 posts in 3590 days

#1 posted 12-07-2017 04:57 PM

This is tempting but what about this business case:

What happens if none of your wares sell and all get returned in the same month draining all your cash reserves putting you in the red, eliminating your cash for current projects forcing you to buy on credit?

What do you guys think about 50% down payment up front of the total bill? If the piece sells then they can deduct the amount from the sale. But if it does not sell they are out the 50%. This would at least cover material cost plus some labor. I also would get the furniture back if it does not sell, so there is still an opportunity to sell it and make some money.

- Chuck1685

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