Quote:
Originally Posted by mikesouth
lets use Metro as as an example lets say they take 500 pieces at 8 bucks per on a net 30 term
after 30 days they return 300 of those for credit (never mind your 200 piece price point would be 10 bucks per)
oh and they havent paid you yet...so if you are doing a release every week they now owe you a decent amount of money
But they have no incentive to pay you, what are you going to do hurt their credit rating?
so after 90 days you cut them off but they owe you a lot of money....they dont care what they wanted to do all along was wait you out, see if you would go belly up (as many do) and they would never pay you at all....after 180 days you might get a check, consider yourself lucky if it doesnt bounce.
and they arent the only ones playing this game....someone who pays 60 days past dues is actually a good payer.
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Metro.... One of the biggest reasons I do everything myself.
You wrote a lot of truth and from I have heard you are in the habit of speaking the truth.