down payments

Discussion in 'Landscape Architecture and Design' started by agm, Apr 12, 2006.

  1. agm

    agm LawnSite Member
    from NM
    Posts: 167

    Do you guys require a down payment when a customer accepts an estimate? I havent but have been considering it.
     
  2. SOMM

    SOMM LawnSite Senior Member
    Posts: 426

    Just like McDonald's - always get their money, downpayment amount is up to you.

    You'll eventually do well meeting suppliers that can give you a 50% due in 30 days and balance due in 60 days.
     
  3. LawnScapers of Dayton

    LawnScapers of Dayton LawnSite Silver Member
    Male, from Dayton, OH
    Posts: 2,572

    I require 50% for landscaping jobs up front......no deposits for weekly service.
     
  4. Adamma Landscape Group

    Adamma Landscape Group LawnSite Member
    Posts: 88

    AGM,
    Is the customer giving you down payment when he signs the contract?
    Or are you trying to demand a down payment when he signs the contract.
    Explain more.
    For maintenance do not demand a down payment unless the customer looks like someone who cannot pay.
    For installation demand 50% before you start for people are not Jesus.
    If the customers hands you a check with the contract take it, this will help your cash flow but make sure you go out and mow the lawn.
    That is my advise.
     

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