Thread: Job deposit %
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Old 09-21-2012, 08:43 PM
Mike Leary's Avatar
Mike Leary Mike Leary is offline
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Join Date: Mar 2007
Location: Prescott, Arizona
Posts: 20,652
The drawback to taking money out-front is you think it's yours, before you even spud-in. I've seen many contractors go tits because they got so far behind that the deposit was used to pay last month's bills. Once you lose your bond, you'll be flipping burgers.
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