Late Charges?

Discussion in 'Business Operations' started by Young's Lawn Service LLC, Feb 10, 2008.

  1. Young's Lawn Service LLC

    Young's Lawn Service LLC LawnSite Member
    Posts: 56

    Does anyone know what the maximum late charge is that we can legally charge? I've always heard 1-2%. That is what I've sharged the last few years but that is not much of a motivator for people to pat their accounts on time.
     
  2. Litehouse Beacon

    Litehouse Beacon LawnSite Member
    Posts: 12

    Hey Young's,
    My attorney drew up contracts for me in my service business and he put 10% if later than 15 days late. to date after 3 years I have not had to add it. Please be advised you should check with an atorney of your choosing.
     
  3. Young's Lawn Service LLC

    Young's Lawn Service LLC LawnSite Member
    Posts: 56

    Thanks man, what part of cincy are you in?
     
  4. Litehouse Beacon

    Litehouse Beacon LawnSite Member
    Posts: 12

    Withamsville/ Amelia
     

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