Register free!

The Green Industry's Resource Center



Reply
 
Thread Tools   Display Modes
  #1  
Old 08-25-2014, 12:10 AM
Kawizx62003 Kawizx62003 is online now
LawnSite Senior Member
 
Join Date: Oct 2012
Location: Transition Zone
Posts: 874
Payment Plans

Just doing some brainstorming. I recently gave an estimate for a mulch install. I have done another "other than mowing" job for this customer recently. I gave him an estimate for $300. He said he would do it but it would not be right away, citing financials. I am trying to pick up the extra jobs to stock up for winter. I want to secure this job NOW for peace of mind.

Normally, I would do it and charge their on file credit card. Would it be smart to offer a payment plan? I already have him as a weekly client. So maybe divide the mulch job into 4 payments and add on the payments to the weekly mowing bill and charge the card. The first would cover material, which would be a few days after the job (when I mowed). I could do this as a down payment too.

Thoughts?
Reply With Quote
  #2  
Old 08-25-2014, 01:23 AM
Ditta&Sons's Avatar
Ditta&Sons Ditta&Sons is offline
LawnSite Senior Member
 
Join Date: Aug 2013
Location: Niagara Falls, Ontario
Posts: 835
if youre the 'go to guy' for landscape work at his house, i wouldnt be stressed out about getting the job, he'll most likely get it done when he has the money. but your idea of a payment plan is fruitful and i would mention it to him
Reply With Quote
  #3  
Old 08-25-2014, 01:37 AM
xstatikplus xstatikplus is offline
LawnSite Senior Member
 
Join Date: Oct 2012
Location: toronto ontario
Posts: 281
Quote:
Originally Posted by Ditta&Sons View Post
if youre the 'go to guy' for landscape work at his house, i wouldnt be stressed out about getting the job, he'll most likely get it done when he has the money. but your idea of a payment plan is fruitful and i would mention it to him
I agree with this^^^^

If first payment covers materials and you can float labour costs why not right? If it's a regular costumer of yours he isn't gonna go to anyone else if you offer a payment plan with him.
Good luck
Posted via Mobile Device
Reply With Quote
  #4  
Old 08-25-2014, 07:56 AM
Kawizx62003 Kawizx62003 is online now
LawnSite Senior Member
 
Join Date: Oct 2012
Location: Transition Zone
Posts: 874
Thanks for the replies. I think I will offer it just to see if it makes the sale sooner than later. Yeah I highly doubt they will go to someone else. Very loyal so far. Just hate having open estimates! Want to turn them into jobs, but wont drop the price to do so. So I am trying to think of other ways.
Reply With Quote
  #5  
Old 08-25-2014, 08:15 AM
Dr. Cornwallis Dr. Cornwallis is offline
LawnSite Senior Member
 
Join Date: Oct 2013
Location: Valrico, Fl
Posts: 476
I wouldn't offer a payment plan on a $300 job... That's not that much money. On a $10k job.... Maybe. I don't like the idea regardless though, it seems like I would be out a fair amount of money in the mean time and the client could potentially put the screws to me pretty well.
Posted via Mobile Device
Reply With Quote
  #6  
Old 08-25-2014, 08:18 AM
RedSox4Life's Avatar
RedSox4Life RedSox4Life is offline
LawnSite Senior Member
 
Join Date: Sep 2007
Location: Mass
Posts: 803
Why would you give him a payment plan when he's paying with a card? Let the cc company wait for the money, not you.
__________________
Landscape maintenance.
16 years experience, 10 as owner/operator.

And still not rich

Reply With Quote
  #7  
Old 08-25-2014, 08:27 AM
Kawizx62003 Kawizx62003 is online now
LawnSite Senior Member
 
Join Date: Oct 2012
Location: Transition Zone
Posts: 874
Good points. Technically could be a debit card too. Not sure what they have on file, but that would make a difference. And no its not that much money, thats why id be willing to do it. Although in a "mow and go" operation as I am for now, that is like having a weekly customer for 10 or so weeks. that Just getting started in up selling.
Reply With Quote
  #8  
Old 08-25-2014, 09:19 AM
ilike2mow's Avatar
ilike2mow ilike2mow is offline
LawnSite Senior Member
 
Join Date: Jun 2013
Location: Gainesville Florida
Posts: 447
Offering a payment plan might allow you to secure the job.

I agree with the thought that 300 dollars isn't much for payments.
__________________
Honda HRR216VKA Mower
Honda HRS216SDA Mower
Echo SRM-225 String Trimmer
Echo PE-200 Edger
Echo HC-152 Hedge Trimmer
Echo PAS-230 with Articulating Hedge Trimmer
Echo CS-370 Chainsaw
Husqvarna 130-BT Backpack Blower

Check out my youtube channel for lawn care videos and small engine repair!

https://www.youtube.com/ilike2mow
Reply With Quote
  #9  
Old 08-25-2014, 09:21 AM
Patriot Services's Avatar
Patriot Services Patriot Services is online now
LawnSite Fanatic
 
Join Date: Jul 2006
Location: Tampa FL
Posts: 8,781
He's using a credit card? That's already a payment plan. I wouldn't spend my money on materials on to have to wait to recoup that just to break even and then again for your labor. This is a case of not working will be more logical.
Posted via Mobile Device
Reply With Quote
  #10  
Old 08-25-2014, 10:09 AM
larryinalabama larryinalabama is online now
LawnSite Fanatic
 
Join Date: Jan 2008
Location: Ragland Al
Posts: 11,359
Why in the world would anyone loan money too someone who cant afford our services?
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 07:23 PM.

Page generated in 0.06863 seconds with 9 queries