What is the right method for getting paid for your work?
This is a subject that both Jim and I were reluctant to talk about; however, our goal is to bring the Metalworking Nation together as a community to talk about topics that people are afraid to bring up.
Do you offer payment via credit card? Should you require a credit card for initial orders?
Do you have a defined credit terms policy?
– – – Would you like your manufacturing questions answered? Ask us anything related to production, tooling, engineering, design, best practices, technology or marketing. Go to MakingChips.com/PodcastQuestion – – –
If you are agreeing to an OEM contract that stipulates 90-120 day terms, are you considering the financing rate and including that in the price? “Somebody has to pay it!”