Join Date: Nov 2012
Location: SOUTH/SOUTH EAST/ COASTAL OUTER BANKS
Thanked 470 Times in 244 Posts
Here is what i just did to a National, i pretty much walked away from a very large account in November.
First i put them on hold, basically any excuse will work as long as its a "emergency" after about 2 weeks the calls started to come, asking when i was coming back.
I pushed them all the way to 30 days, most of the money they owed me was paid by then. All but 10 or 13k. So i just kept putting them off as long as i could.
The larger Nationals takes about 2/3 weeks to gear up auditing your past work, By then i was paid in full. After about 2 weeks after i was paid in full the charge backs started coming in about 6 a week and are still coming in.
Most of the charge backs are bull sh#t charges nothing major. I really couldn't pull back my area because i work in 3 states, so that wasn't an option.
After the charge backs started coming in i quit and told it was the charge backs. Funny thing is they still have me listed as a active contractor, i still get call about doing work for them, still get emails, still get updates.
My contractors are really happy that stopped working for them too, even tho they took a hit to their income, but it was small compaired to the other company i work for.
We are doing more out side P&P now. I will say this, 10k worth of old folks are retiring every day and will be for the next 20 yrs. So i have a new customer base ready made. And I'm taking full advantage of it.
10% senior discount for home repairs, yard work, im getting the work for the guys and taking 10% or 5% depending on the job and still get to 1099 them..