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Commercial Painting Contractors: Do This to Get Paid on Time

Hey guys, Greg here from Green Pro Painting, Greenville, South Carolina. Today I wanted to share something with you about commercial painting.

A lot of times I get asked the question, “do contractors pay on time?”

And the answer is, absolutely not, they do not pay on time, UNLESS you file your paperwork properly!

This will give you a little example of how thick a contract is; I know it might be hard to see here but figure it out for a gauge.

Sometimes there are 200 pages, and you really don’t know what you are looking at.

So, one of the things that I would really recommend for you, is to find someone that can help you understand what exactly you are looking at in this contract.

That could be an attorney, who could be your CPA, somebody that has been in business longer than you, who might be a mentor.

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Make sure that you read these contract documents, because a lot of the times, they will include the process, forgetting early payments on projects, and if you don’t follow their exact protocol, you will not get paid on time.

So, to answer that question, do contractors pay on time? No, they do not, unless you follow your paperwork.

Thanks for stopping in, this is Greg with DYB coach. And if you would like to see more videos like this, hit the subscribe button at the bottom.

If you’d like to send me a direct question, my email address is greg@dybcoach.com.

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About the Author

As a newly single father of two from MI, he struggled to start over as a paint contractor in FL, going door to door. His situation was so bad, even the IRS had mercy on him.   Feeling completely hopeless, he remembered the story of King Solomon praying for wisdom. Could it be so easy?   He felt he had absolutely nothing to lose. So, as a bankrupt, divorced, high school dropout, single father of 2 young kids, now living 1250 miles away from all friends and family, started to pray for wisdom.  And while he continues to wait for the wisdom to arrive, what did come was an insatiable desire to learn and read books…  Thanks to God for giving him the burning passion to read books, and attend seminars, (oh and winning the wife lottery) he not only cracks the success code and overcomes the struggle, but also streamlines his painting business in less than 3 years, published a how to book, then sold the company. Now he leads a business coaching company for painting contractors so he can help other businesses, like yours, to do the same. Hear more... http://www.DYBCoach.com/01 Or JoinDYB.com