Install Now - Stay Cash Positive
After bad policies, the finger points to bad management. Managing the project on time and within budget while meeting expectations takes a real bulldog. Clients don't like surprises. If you foresee a change order, get written approval immediately.
Excellent project managers watch their budgets every day. If a project is running amok, it won't take long for a credit balance of $40,000 to turn into a receivable of $40,000. We use Quick Books Pro for accounting. Project managers should be looking at financial reports at least once a week.
And now the juicy part — bad people. Certain wealthy people will wield their power against you. They become deadbeats because you cringe at the thought of presenting the next change order for fear of rejection and abuse. Get over it! They don't deserve your good intentions or service. Watch for early warning signs and say goodbye the moment you feel anxiety about their integrity. These are usually shrewd business people who gloat over contract details, and praise the rule over the spirit. If there is any hesitation to pay, stop immediately.