Customary grace period?

Discussion in 'Business Operations' started by LAWNSTAR1306, Jul 27, 2004.

  1. LAWNSTAR1306

    LAWNSTAR1306 LawnSite Member
    Posts: 16

    What is the customary grace period for non-paying customers or late paying customers before cancellation or suspension of services. I have let 1 customer go 2 mos. with no pmt. (in good faith) where does a company draw the line and what about a thirty day out clause? or would any of the contract still be valid? this is the only account that has delayed pmt and has been serviced since June 1st. paid first bill no problem, have not had any complaints. I even reset her irrigation controllers at no charge........go figure.:eek:
  2. CamLand

    CamLand LawnSite Bronze Member
    Posts: 1,300

    have you contacted the owner?? far as i'm concerned 2 months is max before the legal procedures begin...
  3. tx_angler

    tx_angler LawnSite Senior Member
    Posts: 278

    My services are NET 10 and finance charges begin 20 days (grace period) later. 30 days late and you cut your own grass!
  4. Team Gopher

    Team Gopher LawnSite Platinum Member
    from -
    Posts: 4,041

  5. precisioncut

    precisioncut LawnSite Senior Member
    Posts: 654

    15 days, then late charge. 30 days, cut your own damn grass, and collection agency will be talking to you.

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