A remodeling payment schedule that funds the work ahead
Start with what the job will cost you, and when. Then agree when each client payment must collect to cover the next part of the work.
Practical guides for residential contractors
Plan the payment before carrying the work.
Examples, a working payment-schedule template, and a clear explanation of what changes when each job funds its own work.
The client paid on time. Why is the job still short of cash?
Being paid on time and having money when the job needs it are different things. The gap between them is often written into the payment schedule.
Collect the agreed payment without sending another invoice
The useful question is what happens when you need to collect. Does the next part of the job depend on another payment request, or is the agreed payment ready to collect?
Written by Michael Delgado, PhaseContract founder and working contractor.